FADA vehicle retail data for November 2021 shows a 6.66 percent drop in sales of luxury cars
AP, MP, LD & TS numbers are not included in the FADA vehicle retail data. These are not on Vahan yet. The data was collected on 06.12.21 in collaboration with MoRTH, and was collected from 1,378 out of 1,589 RTOs.
The top of the FADA Retail Chart sits among 885 Mercedes Benz Registered Luxury Cars. This is an improvement of 2.55 per cent from 863 units, on a volume gain of 22 units. MoM sales fell over 11 per cent, just below 1k units.
The retail sales of BMW India declined by 6 per cent from 727 units to 727 units. The MoM decline is less than 5 per cent, down from 765 units. As has been the sales pattern, Mercedes and BMW are leading by a large margin.
Luxury Car Retail Sales November 2021 – JLR, Audi, Volvo
JLR YoY Retail has registered a decline of 10 per cent, from 220 units to below 200 units. MoM numbers increased by 14 per cent from 174 units. Audi YoY retail fell nearly a quarter, down 191 units from 252 units. The MOM decline is similar, below 251 units.
Volvo’s retail sales declined to 134 units, down from 185 units at 27.57. Volume loss stood at 51 units. MoM sales improved, above 120 units. 32 Porsche units were sold, up from 28 units. MoM Retail improved by 25 units. 5 Bentley cars were sold. A month ago 2 units were sold. A single Rolls-Royce unit was registered as a sale. In the last 2 months, FADA has not reported a single unit of Lamborghini sales.
luxury car sales in india
Total luxury retail for November 2021 is reported at 2,173 units, down from 2,328 units. A decline of 6.66 per cent has been registered on a volume loss of 155 units. The decline in MoM has been reported to be 7.22 per cent, down from 2,342 units. Volume loss stood at 169 units. Mercedes-Benz and Porsche are the only two in the green last month at retail.
Since the start of the COVID-19 pandemic-related lockdown, businesses have faced the brunt of uncertainties. Months of business contracts have ended in the luxury car segment as well. However, even before sales were hit by the pandemic-related slowdown, the size of the luxury car market was already at a low.
In 2018, the total luxury wholesale was reported to be just over 40k units. By the end of 2019, overall sales had dropped to over 35k units. For obvious reasons, that number fell to 21,400 units in 2020. Taking into account the low base numbers during the previous calendar year, overall luxury sales for 2021 is going to be in the green (YoY) despite disruptions, lockdowns and limitations in parts of 2021.