Ad
Ad
Ad
According to a recent tractor sales report published by FADA, the retail tractor sales figure reached 78563 against 74653 units in December 2021. Here we have shared with you brand-wise December month tractor sales figures to explain which tractor brand saw an increase in their sales and market share.
Brands | Dec 2022 | Dec 2021 | Growth (%) | MS YoY (%) |
---|---|---|---|---|
Mahindra & Mahindra | 19389 | 14938 | 29.7 | 4.67 |
Swaraj Division | 12922 | 10480 | 23.3 | 2.41 |
Sonalika | 9722 | 9266 | 4.92 | -0.04 |
TAFE | 7867 | 8297 | -5.18 | -1.1 |
Escorts Ltd | 7759 | 6260 | 23.94 | 1.49 |
John Deere | 6508 | 4795 | 35.72 | 1.86 |
Eicher | 5015 | 4795 | -7.04 | -0.85 |
New Holland | 3287 | 2284 | 43.91 | 1.12 |
Kubota | 2385 | 1582 | 50.7 | 0.92 |
VST | 461 | 485 | -4.91 | -0.06 |
Force | 357 | 433 | -17.55 | -0.13 |
Preet | 333 | 505 | -34.05 | -0.26 |
Trakstar | 285 | 197 | 44.67 | 0.01 |
Other | 2273 | 9736 | -76.65 | -10.15 |
Total | 78563 | 74653 | 5.23 |
Mahindra & Mahindra sold out around 19389 units in December 2022. In contrast, it had 14938 units sold in December 2021, hinting at a sales growth of nearly 30%. Due to such high sales figures, M&M again managed to maintain its top position in selling more tractors than its competitors.
Swaraj Division comes under Mahindra & Mahindra, and it also witnessed a sales growth of 23.3% in the previous month. This tractor brand sold 12922 units against 10480 units in December 2021.
Sonalika, one of the popular tractor brands in India, generated 9722 unit sales against the 9266 unit sales of December 2021. Additionally, it noticed a growth of 4.92%, which is quite satisfactory compared to other tractor brands.
TAFE didn’t get a good response from its buyers and saw a decline of around 5.2%. This tractor brand sold 7867 units which were 8297 units last year.
Escorts Ltd secured its name among the tractor brands that saw substantial growth in December 2022. This tractor manufacturer sold out 7759 units against 6260 units in December 2021, resulting in 23.94% growth.
John Deere tractor division noticed tractor sales of 6508 units this year, which was 4795 units last year. The company also gained 35.72% growth during the month.
Eicher sold only 5015 units against 5395 units in December 2021. As a result, this tractor brand also saw a decline of 7.04%.
New Holland benefited from its December month sales because the company sold 3287 units against 2284 units in 2021, witnessing a massive growth of 43.91%.
Kubota, a leading Japanese tractor brand, had 2385 units sold in December 2022, and the company sold approximately 1582 units in December 2021.
The VST sales figure for December stood at 461 units, but last year the company had 485 units of sales for the same month. Thus, last month this tractor brand saw a sales decline of 4.94%.
Force Motors Ltd sold around 357 units in December 2022, which is less compared to last year’s sales figure because the company had 433 units sales in December 2021, which indicates a 17.5% decline in its sales figure.
Preet managed to sell 333 units of tractors in the last month, and the company had sales of 505 units in December 2021, clearly showing it saw a sales drop of 34%.
Trakstar’s retail tractor sales figure reached 285 units which were 197 units in December 2021. The company generated higher sales figures than the last year to secure growth of 44.67%.
Other tractor brands not mentioned above aggregately generated 2273 unit sales against 9736 units in December 2021, representing a net decline of 44.67%.
If you talk about aggregated retail tractor sales for December 2022, we will find that tractor companies managed to sell 78563 units and saw a 5.23% sales growth. Mahindra & Mahindra, Swaraj Division, and Sonalika stood at the top three positions. However, the rest of the other brands also performed well, but some still saw a slight drop in their sales figure.
So, here we discussed the tractor sales report recently released by FADA. Hopefully, you have understood which tractor brand performed well and gained higher market shares to sell the highest number of tractors. If you are willing to stay tuned with such interesting truck news and recent updates, follow CMV360.
Tata Motors Looks Beyond Subsidies for Electric Vehicle Growth
Tata Motors boasts a strong foothold in the electric vehicle market. The company has over 4,300 ACE EVs on Indian roads....
14-May-24 09:44 AM
Read Full NewsTata Motors' Fleet Edge Hits 600,000 Vehicles, Ranks Top 3 Globally
Tata Motors has built a machine learning-based model that provides drivers and owners with real-time fuel economy information. ...
14-May-24 07:55 AM
Read Full NewsTata Motors to Roll Out 140+ New Products in FY25
Domestic CV wholesale volumes surged 14% quarter on quarter in Q4 FY24, but dropped 7% year on year in Q4....
13-May-24 01:00 PM
Read Full NewsTIVOLT Electric Vehicles to launch e-SCV under 'Montra Electric' brand
TIVOLT Electric Vehicles is set to launch electric small commercial vehicles (e-SCV) under the Montra Electric brand, promising durability and performance....
13-May-24 10:11 AM
Read Full NewsFlipkart Partners with Bajaj Auto for Eco-Friendly Last-Mile Deliveries
Flipkart's partnership with Bajaj Auto Ltd. is an important milestone for Flipkart and the whole Indian e-commerce market, demonstrating the company's continuous commitme...
13-May-24 08:36 AM
Read Full NewsOlectra Greentech Faces Setback as EV Safety Norm Delays Impact Q4 Sales
The company's product portfolio includes 7 metre, 9 metre, and 12 metre electric AC buses, with an order book of 10,969 units....
09-May-24 12:04 PM
Read Full NewsAd
Ad
Tips for Buying Second-Hand Buses In India
13-May-2024
Why you should buy Mahindra Jeeto in India?
06-May-2024
Benefits of Buying Tata Ace Gold in India
30-Apr-2024
Tips for Selling Your Commercial Vehicles
25-Apr-2024
Government Initiates Early Implementation Plans for BS-VII and CAFE-III Emission Norms
22-Apr-2024
Tips To Improve Mileage Of Tata Intra V30 Pickup Truck
20-Apr-2024
View All articles
Registered Office Address
Delente Technologies Pvt. Ltd.
M3M Cosmopolitan, 12th Cosmopolitan,
Golf Course Ext Rd, Sector 66, Gurugram, Haryana
pincode - 122002
Join CMV360
Receive pricing updates, buying tips & more!
Follow Us
COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360
CMV360 - is a leading commercial vehicle marketplace. We helps consumers to Buy, Finance, Insure and Service their commercial vehicles.
We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.