Motor car registrations recorded 3,657 units in May up from 3,664 units a month ago but significantly down from 6,018 units 12 months ago.
The month of May also recorded a rebound recording strong growth over April in 3 wheelers, 2 wheelers and mini trucks.
In addition brand new segment registrations recorded 1,766 units in May marginally up from 1,754 units the previous month but significantly down from 3,228 units recorded 12 months ago.
Maruti recorded 1,037 units in Mayslightly down from 1,147 units the previous month but significantly down from 2,539 units 12 months ago.
Locally assembled Micro recorded 142 units down from 175 units the previous month and Hyundai recorded 168 units gaining on 126 units recorded the previous month. The slight dip in small car registrations in May could be attributable to the April numbers being boosted by the clearing up of the back log emanating from the RMV’s go slow in Feb and March according to J. B. Securities Report on this segment.
Pre owned car registrations recorded 1,891 units in May marginally down from 1,910 units a month ago and significantly down from 2,790 units recorded 12 month ago. Premium brand cars recorded 82 units in May significantly higher than 46 units the previous month and slightly lower than 93 units 12 months ago.
Electric cars recorded 85 units in May similar to the 85 units recorded the previous months but significantly down from 361 units recorded 12 months ago when the duty was only 5%. Nissan Leaf accounted for 80 of these units up from 74 units the previous month.
SUV registrations recorded 752 units in May slightly up from 709 units the previous month and up from 695 units 12 months ago. Nissan continued to maintain its leadership recording 328 units.
Hybrid registrations recorded 2,256 units in May marginally down from 2,259 units the previous month and 2,709 units 12 months ago.
Suzuki Wagon R recorded 569 units down from 599 units but significantly up from 308 units12 months ago.Toyota cars recorded 793 units up from 752 units recorded the previous month but significantly down from 1,237 units 12 months ago – Aqua accounted for 310 units, Axio for 278 units followed by Prius accounting for 196 units.
Mercedes Benz accounted for 13 hybrid units. In the SUV segment Nissan X trail hybrids accounted for 314 units.
Van registrations recorded 319 units in May slightly up from 301 units the previous month and significantly down from 914 units 12 months ago.Toyota recorded 104 units in May down from 122 units the previous month and significantly down from 401 units 12 months ago and Suzuki recorded 51units marginally down from 53 units the previous month but significantly down from 310 units 12 months ago. Financing share was 71.5%.
The 3-wheeler registrations bounced back recording 5,732 units in May up from 4,206 units the previous month but significantly down from 10,995 units 12-month ago. Bajaj claimed a segment share of 89.2% followed by TVSwith 6.2% share and Piaggio with 4.5%. Financing share was 85.6%.
The 2-wheeler registrations exploded recording 32,244 units in May significantly up from 24,188 units the previous month and 25,580 units 12 months ago. Bajaj was dethroned by Honda who claimed market leadership recording a segment share of 29.6% followed by Bajaj with 26.3%, Hero inthird place with 21.8% and Yamaha in fourth with 10.5% share.The 2 wheeler market is now evenly divided amongst all the players in contrast to earlier times when Bajaj was dominant in this category.
Scooters account for 48% of the market, Bajaj has no scooter offering so although the local agent DPMC has a wide reach the absence of an offering is a drag on their performance. Financing share was 60.5%.
Mini truck (payload < 1 MT) registrations were 1,121 units in May significantly up from 792 units in April but down from 1,315 units recorded 12 months ago. Tata the market leader recorded a share of 59.2% followed by Mahindra with 34.3% regaining its share after lacklustre performance in the past few months. Financing share was a high 92.3%.
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The month of May also recorded a rebound recording strong growth over April in 3 wheelers, 2 wheelers and mini trucks.
In addition brand new segment registrations recorded 1,766 units in May marginally up from 1,754 units the previous month but significantly down from 3,228 units recorded 12 months ago.
Maruti recorded 1,037 units in Mayslightly down from 1,147 units the previous month but significantly down from 2,539 units 12 months ago.
Locally assembled Micro recorded 142 units down from 175 units the previous month and Hyundai recorded 168 units gaining on 126 units recorded the previous month. The slight dip in small car registrations in May could be attributable to the April numbers being boosted by the clearing up of the back log emanating from the RMV’s go slow in Feb and March according to J. B. Securities Report on this segment.
Pre owned car registrations recorded 1,891 units in May marginally down from 1,910 units a month ago and significantly down from 2,790 units recorded 12 month ago. Premium brand cars recorded 82 units in May significantly higher than 46 units the previous month and slightly lower than 93 units 12 months ago.
Electric cars recorded 85 units in May similar to the 85 units recorded the previous months but significantly down from 361 units recorded 12 months ago when the duty was only 5%. Nissan Leaf accounted for 80 of these units up from 74 units the previous month.
SUV registrations recorded 752 units in May slightly up from 709 units the previous month and up from 695 units 12 months ago. Nissan continued to maintain its leadership recording 328 units.
Hybrid registrations recorded 2,256 units in May marginally down from 2,259 units the previous month and 2,709 units 12 months ago.
Suzuki Wagon R recorded 569 units down from 599 units but significantly up from 308 units12 months ago.Toyota cars recorded 793 units up from 752 units recorded the previous month but significantly down from 1,237 units 12 months ago – Aqua accounted for 310 units, Axio for 278 units followed by Prius accounting for 196 units.
Mercedes Benz accounted for 13 hybrid units. In the SUV segment Nissan X trail hybrids accounted for 314 units.
Van registrations recorded 319 units in May slightly up from 301 units the previous month and significantly down from 914 units 12 months ago.Toyota recorded 104 units in May down from 122 units the previous month and significantly down from 401 units 12 months ago and Suzuki recorded 51units marginally down from 53 units the previous month but significantly down from 310 units 12 months ago. Financing share was 71.5%.
The 3-wheeler registrations bounced back recording 5,732 units in May up from 4,206 units the previous month but significantly down from 10,995 units 12-month ago. Bajaj claimed a segment share of 89.2% followed by TVSwith 6.2% share and Piaggio with 4.5%. Financing share was 85.6%.
The 2-wheeler registrations exploded recording 32,244 units in May significantly up from 24,188 units the previous month and 25,580 units 12 months ago. Bajaj was dethroned by Honda who claimed market leadership recording a segment share of 29.6% followed by Bajaj with 26.3%, Hero inthird place with 21.8% and Yamaha in fourth with 10.5% share.The 2 wheeler market is now evenly divided amongst all the players in contrast to earlier times when Bajaj was dominant in this category.
Scooters account for 48% of the market, Bajaj has no scooter offering so although the local agent DPMC has a wide reach the absence of an offering is a drag on their performance. Financing share was 60.5%.
Mini truck (payload < 1 MT) registrations were 1,121 units in May significantly up from 792 units in April but down from 1,315 units recorded 12 months ago. Tata the market leader recorded a share of 59.2% followed by Mahindra with 34.3% regaining its share after lacklustre performance in the past few months. Financing share was a high 92.3%.
www.dailynews.lk
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