skip to Main Content

India October 2021: Tata (+43.8%) places new Punch in Top 10, market off -22.2%

The Tata Punch is already inside the Indian Top 10 for its first month in market.

New car wholesales in India drop -22.2% year-on-year in October to 260.067 units, still a significant loss but a clear improvement on the -36.6% of September. The year-to-date tally is now up 38.2% to 2.577.199 units. Our 2021 Forecast is now up to 3.04 million units (+25%). Brand-wise, the two leaders fall significantly faster than the market: Maruti Suzuki (-33.4%) is down to 41.9% share vs. 43.9% so far this year, while Hyundai drops -34.6% to 14.2% of the market vs. 16.9% YTD. In third place, Tata (+43.8%) continues to defy gravity and signs a strong 13% share, now only 1.2 percentage points below Hyundai. Mahindra (+9.4%) is also up year-on-year, overtaking Kia (-22.3%). Toyota (+0.5%) edges up in 6th place with 4.8% share, distancing Renault (-19%) and Honda (-25.2%) on each side of the market decline rate. Nissan (+2866.4%) is lifted by the Magnite with Skoda (+115.7%), Jeep (+59.1%) and Volkswagen (+49.8%) also in outstanding shape.

Over in the models ranking, the Maruti Suzuki Alto (-2.6%) repeats at #1 but it’s the Maruti Baleno (-29.1%) that takes the year-to-date lead off the Maruti Swift (-62.7%) in the major change of the month. The Maruti Ertiga (+66.8%) continues to excel at #3, evolving close to volume records while the Wagon R (-34%) makes it four Marutis in the Top 4. The Hyundai Venue (+19.6%) is the best of the rest at #5 ahead of the Kia Seltos (+17.8%). The Tata Nexon signs its 2nd largest monthly volume ever but drops four spots on last month to #8. The all-new Tata Punch lands directly inside the Top 10 at #10 with just under 8.500 wholesales for its first appearance in the Indian charts for what is a very promising performance. Two nameplates launched last month improve vastly: the Mahindra XUV700 is up 17 spots to #25 and the VW Taigun is up 74.6% to #36.

Previous month: India September 2021: Tata (+21.4%), Toyota (+11.4%) defy collapsing market (-36.6%)

One year ago: India October 2020: Tata (+79.2%), Kia (+63.5%) help lift market up 17.5%

Full October 2021 Top 15 All-brands and Top 75 models below.

This content is for Platinum members only.
Log In Register
Back To Top