automobile sector
DESCRIPTION
automobileTRANSCRIPT
Introduction to the Indian Automobile sector
Annual production: 21.48 Million Vehicles in FY 2013-14
Indian Automobile sector contributes 22% in the GDP
India is expected to become the Automobile leaders in Two Wheeler and Four wheeler market segment by 2020
Reasons for increasing Automobile Industry in India:• Sales incentives• Introduction of new models • Easy availability of low cost finance
Market Leader Growth Chart (February, 2015)
Maruti Suzuki
• 8.6% higher sales 1,18,551 units)
Hyundai Motor India
Ltd• 2.4% higher sales (47,612 units)
Hero MotoCorp
• 4,84,769 units TVS Motor Co
• 15% higher sales (2,04565 units)
Bajaj Auto
• 2,43,000 units
FY11 FY12 FY13 FY14 FY15
3 3.1 3.2 3.1 3.2
0.8 0.8 0.8 0.7 0.70.8 0.8 0.8 0.8 0.9
13.4
15.5 15.716.9
18.5
Total Production of Automobilesin India
(Million Units)Passenger Vehicle Commercial VehicleThree Wheelers Two Wheelers
Source: SIAM, Aranca Research
Market Size
• Growth of 5.3% (52,481 units) in January 2015
Sales of Commercial
Vehicles
• Growth of 3.14% (1,69,300 units) in January 2015 Sales of
Cars
79.40%
13.70%3.00%
3.90%
Market Share by Volume (FY15)
Two WheelersPassenger VehiclesCommercial VehiclesThree Wheelers
Source: SIAM, TechSci Research
Government Initiatives
100% FDI under the Automobile Sector
Reduction on Excise duty from 12% to 8% on small cars, scooters, motorcycles &
commercial vehicle
Credit (Rs. 8,50,000) grant by the GOI to boost the tractor segment
Promotion of eco-friendly cars
National Electric Mobility Mission 2020 for faster adoption & manufacturing of Electric
& Hybrid Vehicles
Automobile Mission Plan 2006-2016 for sustainable growth
Introduction to the Thailand Automobile sector
It is the largest Automotive market and assembler in Southeast Asia and 9th Largest in the world
Annual output of 1.5 Million vehicles
Thailand Automobile Industry contributes 12% in the country’s GDP
Reasons for increasing Automobile Industry in Thailand:• Creation of new plants• Expansion of existing facilities
Toyota Honda City Honda Jazz Mazda Ford Chevrolet
4410
3353
1715
747
324 285
Source: Thai Autobook, 2015
Thailand Domestic Sales (January-October 2014)
Government Initiatives
Eco car program for production of lower emission cars
Termed as ‘Detroit of Asia’ because of consistent government policies
Government of Thailand to focus on truck production
‘First car Buyer Scheme’ was launched by GOT to promote the sales & production of
cars