Auto Dispatch Numbers of October 2021

Auto Dispatch Numbers of October 2021

by 5paisa Research Team Last Updated: Dec 10, 2022 - 05:09 am 47.7k Views
Listen icon

Overall auto numbers for the month of October 2021 were disappointing on the 4-wheeler front. This was due to a combination of spike in input inflation and a shortage of microchips in the market.

Here is a quick take on how the key auto company dispatches panned out.


1) The biggest automaker, Maruti Suzuki saw domestic sales fall -33.4% to 108,991 units on YoY basis. The fall was much lower in the mini passenger car segment at -24% while the compact passenger vehicles saw a fall of -48.8% on a YoY basis.

Utility vehicles like the Ertiga, Gypsy and S-Cross saw dispatches increasing by 6.6% YoY. Production at its plants at Manesar and Suzuki’s plant in Gujarat have seen production schedules impacted by the sharp shortfall in microchips.

2) The second largest automaker, Hyundai Motors, also witnessed a 34.6% fall in auto dispatches at 37,021 units in the month of October.

3) The two India-bred auto companies actually flattered on the sales front. Tata Motors reported 44% YoY growth in dispatches at 32,339 units on the back of new launches. Tata Motors also sold 1,586 units of electrical vehicles (EV) during the month.

Mahindra & Mahindra reported marginal increase in auto dispatches in Oct-21 by 8% at 20,130 units largely driven by the utility vehicles segment.

4) Outside of the four large players in the auto segment, the other players put up a mixed dispatch show with positive growth coming more from a low base. Consider some of these numbers.

Kia India reported -22% fall in dispatches at 16,331 units while Toyota Motors reported a marginal 1% increase in Oct-21 dispatches at 12,440 units. Honda Cars reported -25% fall in dispatches at 8,108 units.

5)  Among the 3 smallest players in the auto space in India; Nissan reported a sharp 254% spike in dispatches at 3,913 units, albeit on a low base. Skoda also reported a 115.6% spike in dispatches to 3,065 units for the month of October. Finally, MG Hector reporting -23.6% fall in auto dispatches at 2,863 units.

It must be noted that all the above numbers as reported by the Society of Indian Auto Manufacturers (SIAM) are the dispatches by the auto manufacturers to the dealers. However, the current scenario is that most auto dealers are running at just about 1-2 weeks of inventory, in the midst of the busy festive season.

How do you rate this blog?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

oda_gif_reasons_colorful

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Naman In-Store (India) IPO Allotment Status

Building blocks of the Naman In-Store (India) Ltd IPO Naman In-Store (India) IPO is book built issue of Rs 25.35 crores. It consists entirely of fresh issue of 28.48 lakh shares.

Vishwas Agri Seeds IPO Allotment Status

Quick take on the IPO of Vishwas Agri Seeds Vishwas Agri Seeds IPO, a fixed price issue of ₹ 25.80 crores, comprises entirely of 30 lakh fresh shares. Vishwas Agri Seeds IPO commenced subscription on March 21, 2024, and concludes today, March 26, 2024. Allotment for the Vishwas Agri Seeds IPO is expected to be finalized on Wednesday, March 27, 2024. Subsequently, it will list on NSE SME with a tentative listing date set for Monday, April 1, 2024.

Market Outlook for 28 March 2024

Nifty started the day on a positive note and rallied higher towards 22200 mark. However, the index was unable to surpass that level and it consolidated within a range with a positive bias to end above 22100 with gains of over half a percent.