Maruti Suzuki to grab first four positions in highest selling cars list of 2012

Maruti Suzuki, the largest passenger car manufacturer of India, aims to attain 40% market share of the auto industry in 2012. In the list of top selling cars, the company expects its popular models to occupy the first four positions in the top five.

The compact hatchback of the company Swift has already outperformed the competitors in the Indian market and successfully beating the popular Hyundai i10 in terms of sales. In 2011, Maruti Suzuki had registered huge production loss of around 1,06,000 units, due to which its market share fell 29%.

However, the car maker regained its position as it managed to increase its market share to 38.5% in February 2012. Due to the launch of new Maruti Swift Dzire and new Maruti Swift, the company was able to make up for the production losses.

The 38.5% market share of Maruti is highest this year among car manufacturers. From April 2011 to February 2012, the company sold 2,73,000 units of Alto, thereby regaining its position as the leader of the market.

Swift occupied the second position, which was followed by Maruti WagonR with sales of 1,32,000 units. As per reports, the company has already sold 15,068 units of new Maruti Swift Dzire in February 2012. The car maker is quite confident of occupying even the fifth position by the end of March 2012.

According to CGM - Marketing, Maruti Suzuki India, Shashank Srivastava, “Last year, out of the five top-selling models, we had four brands. Hopefully, in this financial year, we will still have four brands in top five with Swift among the top three.”

Details Of Price Increase Of Cars and Bikes In India After Budget 2012-13

Price Increase In Maruti Suzuki India Cars After 

Budget 2012

India’s largest passenger car maker, Maruti Suzuki India almost immediately after the budget                                   speech announced that it will increase the prices of cars in India by about 2% which is the almost                                same as the additional excise duty burden which is put on each car of Maruti Suzuki India. This will                              make small cars like Maruti Alto costlier by Rs. 5000 to Rs. 7000 depending on the variants. The mid                          segment small cars like Wagon R, Estilo, Ritz, etc. will get a price hike ranging between Rs. 7000 to                                   Rs. 11,000. Maruti Swift and Maruti Swift Dzire which are two very popular car models by Maruti will also                             see a hike between Rs. 9,000 to Rs. 14,000. The larger cars like Kizashi and Grand Vitara will get costlier                           by up to Rs. 70,000.

Price Increase In Hyundai India Cars After Budget 2012

The second largest player in Indian passenger car market, Hyundai will also increase                                                               its car prices between Rs. 4000 to Rs. 8,000 for small cars like Hyundai Eon and Hyundai Santro.                                         The popular Hyundai i10 and Hyundai i20 are expected to see a price increase ranging between                                      Rs. 8,000 to Rs. 12,000. The price increase of Hyundai Verna Fluidic is likely to range between Rs. 12,000                             to Rs. 20,000. The larger cars and SUVs which have got much higher tax changes will get affected more.

Price Increase In Tata Motors Cars After Budget 2012

The price of Tata Motors cars also go up by about 2% which translates into a price increase ranging between Rs. 6,000 to Rs. 12,000 for Tata Indica Series, Price Increase between Rs. 10,000 to Rs. 16,000 for the Indigo series. The larger cars like Safari, Aria etc. are also expected be dearer between Rs. 20,000 to Rs 50,000 depending on variants.

Price Increase In Toyota Cars After Budget 2012

Toyota India has also announced a price increase between Rs. 9,500 to Rs. 80,000 on its cars in India. The entry level Etios Liva and Etios Sedan will become dearer by up to about Rs. 14,000, the Corolla Altis will approximate cost more by up to Rs. 27,000, Innova will cost about Rs. 35,000 more and the larger of these, the popular Fortuner SUV will cost more by about Rs. 80,000.

Price Increase In Honda Cars After Budget 2012

Honda SIEL India has also announced that they will increase the prices of their Indian portfolio of cars between Rs. 4,000 (for small cars like Honda Brio) to Rs. 70,000 for SUVs like Honda CR-V in India. The prices of popular Honda City 2012 sedan are expected to increase by approximately between Rs. 15,000 to Rs. 20,000.

Price Increase In Mahindra and Mahindra Cars After Budget 2012

Mahindra and Mahindra has announced a price increase ranging between Rs. 3,000 to Rs. 35,000 which will be applicable on different vehicles. The highest impact will come on SUVs like Mahindra Scorpio and popular Mahindra XUV500 which will become dearer by up to Rs. 35,000 in India.

Price Increase In Chevrolet (GM) Cars After Budget 2012

Chevrolet (General Motors) India will hike its car prices between Rs. 3,500 for small cars like Chevrolet Spark to Rs. 80,000 for larger SUVs like Chevrolet Captiva in India.

Price Increase In Luxury Car Brands – Mercedes Benz, BMW And Audi In India

Luxury car market is probably the worst hit by the Budget 2012 in India. The prices of most luxury cars which are imported as CBU will shoot up by up to whooping 25% as the import Duty on CBU has been hiked from 60% to 75%. This translates into total duties and taxes etc. to sum up to about 137% effectively which were earlier around 110%. This means a completely built luxury car which used to cost about Rs. 40 Lakhs ex-showroom before budget 2012, will now cost Rs. 50 lakhs which is about Rs. 10 Lakhs more than the initial price.

For cars which are assembles in India, the price increase will not be that striking, but luxury car assembled in India which used to cost Rs. 40 lakhs pre-budget 2012 will not cost between Rs. 80,000 to Rs. 2 Lakhs more which is a considerable increase. This will surely bring some dampening in the sales of luxury cars in India. Mercedes cars in India will become dearer by up to about Rs. 3 Lakhs. BMW and Audi will also be similarly affected.

Price Increase Two Wheeler In India By Hero MotoCorp, Bajaj, Yamaha, Suzuki, TVS and Honda

Hero MotoCorp, Bajaj, Yamaha, Suzuki, TVS and Honda Motorcycles and Scooters India (HMSI) etc. all will be impacted by the burden of 2% increase in the excise duty. The prices of two wheelers are also likely to revise by about 2% starting April 2012 in India. This will mean a price increase ranging between Rs. 600 for an entry level commuter motorcycle to up to Rs. 2000 for high end sporty motorcycles. This will also impact the sales of two wheelers in India to some extent, but in absolute terms, the increase in price of entry level segment of cars will somehow makeup for a part of the lost sale because of price increase in two wheeler prices in India.