Vehicle registrations were up on most categories in November probably driven by pre budget demand with two wheelers registrations especially strong according to a J.B.Securities survey.
Total cars registrations recorded 3,574 units in November up from 3,402 units the previous month but down from a very high number of 10,084 an year ago.
Brand new registrations recorded 2,098 unit in the month slightly down from 2,185 units a month ago and significantly down from 6,732 units12 months ago.
Small cars dominate this segment recording 1,930 units (92% share),the financing share is a high 69.1%, in comparison for mid sized cars it is 57.8% and 33.9% for large cars.
Pre-owned car registrations recorded 1,476 units in the month up from 1,217 units the previous month. Toyota maintained its market share recording 708 units followed by Suzuki with 482 units and Honda with 233 units. Financing share was 65.6%.
The premium brand segment recorded 73 units in Nov up from 61 units the previous month and slightly down from 74 units 12 months ago. Mercedez recorded 24 brand new units (C-class 10, E-class 9 and S-class 3) and 11 preowned units (C-class 7, E-class 1, S-class 2). BMW recorded 15 brand new units (3-series 2, 5-series 5) and 10 preowned units.
The SUV segment recorded 476 units in November up from 451 units in October but down from 806 units 12 months ago.
Honda led the pack recording 203 units (Vezel-198) followed by Toyota 63 units (Prado-36, Land Cruiser -19 units- probably MP permit vehicles) and BMW 39 units (X5 -37, 23 of these unit are on financing). Electric cars recorded 25 units in the month slightly up from 23 units the previous month but massively down from 494 units 12 months ago.
Hybrid registrations recorded 1,605 units in Nov up from 1,358 units the previous month but significantly down from 3,247 units 12 months ago. Motor cars accounted for 1,283 units up from 1,079 units.
Van registrations in Nov recorded 100 units down from 119 units the previous month and significantly down from 802 units 12 months ago. 3-wheeler registrations recorded 6,098 units in Nov significantly up from 4,495 units the previous month but significantly down from 13,668 units 12 months ago.
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