Truck Strategy Market Analysis Dec 2011

Shaping Truck Industry

1
Indian Truck Market Review
Dec 2011
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
Economic Indicators
2
Factory output grew 5.9% in November from a year earlier, a sharp turnaround from a 4.7% decline in October
RBI had left the key interest rate unchanged at 8.5% amid concerns of a weakness in the economy
The Indian rupee has fallen 15% against the US dollar in the past 12 months, making imports more expensive
India's headline inflation probably fell sharply to 7.50 percent year-on-year in December from 9.11 percent in the previous month
Annual fuel price index eased to 14.60 percent in Dec. 24 week from a rise of 15.24 percent in Dec. 3 week
Source: Finance Ministry, BBC & WB
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
New Products launched
3
Ashok Leyland launched GVW 37-tonne haulage truck with the payload of up to 27 tonnes. Built on the contemporary and
future-ready U-Truck platform, the U-3723 H guarantees superior performance, durability and best-in-class operational
efficiency. U-3723 H, 10X4 axle configuration is equipped with the fuel-efficient 225 HP H Series engine and a 9-speed gearbox.
Tata Motors has launched LPT 3723 5-axle rigid truck. With a payload of 25 tonnes (ideal for cement and steel movement), it will
radically change transportation economics by reducing he cost/tonne-km.
Cummins 6BT 5.9L engine (154 kW power at 2500 rpm) and mated with a 9-speed gearbox, the first in a rigid truck in India.
Twin steerable front axles, a twin-drive axle and a tag-lift axle, the only truck to have such a technology, reduces tyre
and fuel costs. The turning circle diameter of 21.9 metres makes it more manoeuverable than a tractor-trailer. The air-conditioned
cabin, ergonomic dashboard and instrument cluster and stylish interior trims give drivers the comfort to cover longer distances at a
stretch.
Asia Motor Works (AMW), India's third largest heavy commercial vehicle manufacturer, has unveiled next generation vehicles,
including 4928 TR tractor, 2528 TP tipper , 37 tonne, 10X4, five axle, haulage truck called the 3723 HL and a luxurious new front
engine bus called MAGNUS, at the Auto Expo 2012 in New Delhi.
,
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
Market size
4
175,000 180,000 185,000 190,000 195,000 200,000 205,000 210,000 215,000
Apr- Dec 2010-11
Apr -Dec 2011-12
M&HCVs
Source: SIAM, Truck Strategy
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
Segment Analysis
5
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
Apr-Dec 2010 Apr-Dec 2011
Rigid 25 tone Rigid 31 tone 35.2 tone Tractor > 35.2 < 40 tone tractor > 40 < 49 tone tractor > 49 tone tractor
Source: SIAM, Truck Strategy
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
Market overview
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Ashok Leyland Ltd
19.35%
Asia Motor Works Ltd
3.47%
Daimler India Commercial
Vehicles Pvt Ltd
0.04%
Mahindra Navistar
Automotives Ltd
0.91%
SML Isuzu Ltd
1.60%
Tata Motors Ltd
63.16%
VE CVs - Eicher
11.23%
VE CVs - Volvo
0.24%
M&HCVs (Goods Carrier)
Source: SIAM, Truck Strategy
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
Sales trends
7
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11
25 ton rigid segment 31 ton rigid segment Total rigid segment
Source: Truck Strategy
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
Tractor sales
8
0
500
1,000
1,500
2,000
2,500
3,000
3,500
Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11
Tractor sales trends 2011
Source: Truck Strategy
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
25 ton Rigid segment
9
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
AL AMW MN Tata Motors Ltd VE CVs - Eicher VE CVs - Volvo Total
Dec-10 Dec-11 Apr- Dec 10-11 Apr-Dec 11-12
Source: SIAM, Truck Strategy
AL: Ashok Leyland
AMW: Asia Motor works
MN: Mahindra Navistar
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
31 ton Rigid segment Dec 11 sales
10
0
1000
2000
3000
4000
5000
6000
AL AMW MN Tata Motors Ltd VE CVs - Eicher VE CVs - Volvo Total
Dec-10 Dec-11
Source: SIAM, Truck Strategy
AL: Ashok Leyland
AMW: Asia Motor works
MN: Mahindra Navistar
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
31 ton Rigid
Cumulative Sales 2011-12
11
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
50,000
AL AMW DICV MN Tata Motors Ltd VE CVs - Eicher VE CVs - Volvo Total
Apr- Dec 10-11 Apr-Dec 11-12
Source: SIAM, Truck Strategy
AL: Ashok Leyland
AMW: Asia Motor works
DICV: Diamler India commercial Vehicle
MN: Mahindra Navistar
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
35.2 ton tractor Sales
12
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
Dec-10 Dec-11 Apr- Dec 10-11 Apr-Dec 11-12
Ashok Leyland Ltd Tata Motors Ltd Total
Source: SIAM, Truck Strategy
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
Above than 49 ton
13
0
20
40
60
80
100
120
140
160
180
Dec-10 Dec-11 Apr- Dec 10-11 Apr-Dec 11-12
more than 49 ton
Source: SIAM, Truck Strategy
Truck Strategy Market Analysis Dec 2011
Shaping Truck Industry
14
For Complete Analysis please contact:
Ms Parita
Head Corporate communication
Email: communication@truckstrategy.com