Qualis takes the market by storm - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Qualis takes the market by storm

Aug 22, 2000

In the utility vehicles (UV) segment, the Toyota Qualis has reported a sale of 5,377 vehicles for the period April-June 2000, and has captured 19% of the segment's market share. The reasons for its success are many: correct timing of entry and the product features itself. While other players in the UV segment took time to introduce new models, Toyota's entry at the right time has helped it sweep the segment. As a result Mahindra & Mahindra (M & M) has lost market share in the UV segment in the current year. Its new model the 'Bolero' has been a latecomer. M & M's utility vehicle volume for April-June 2000 have fallen by 12.7% YoY.

Vehicles Utility Vehicle nos.
(Apr-Jun 2000)
Market Share
(Apr-Jun 2000)
Market share
M & M 13,712 48.6% 70,433 58.2%
Telco 7,091 25.1% 31,983 24.9%
Hindustan Motors 476 1.7% 2,649 2.0%
Maruti Udyog 533 1.9% 8,705 7.0%
Bajaj Tempo 1,012 3.6% 6,133 5.0%
Toyota Kirloskar 5,377 19.1% 3,519 2.9%
Total 28,201 100.0% 123,422 100.0%

Telco, has been active however and has already launched few of its Sumo variants. As a result its sales have increased by 13.8% YoY from April-June 2000. The company will be launching 6 new Sumo variants during the year. Besides the company will be launching the "Spacio", which is a product aiming to cater to both the rural and urban market. The company's market share is expected to go up in the current year.

In the current year there has been an overall slowdown in the UV segment though it is performing better than medium and heavy commercial vehicles. The reasons for this slowdown is mainly the unified sales tax rate leading to higher prices of vehicles.

Equitymaster requests your view! Post a comment on "Qualis takes the market by storm". Click here!


More Views on News

Tata Motors' Stock in Focus as Company Meets Global Investors (Views On News)

Jun 8, 2021

Tata Motors' meeting with marquee investors comes on the back of poor earnings.

Mahindra & Mahindra Shares Surge on Bagging Contract for Defense Equipment (Views On News)

Jun 4, 2021

Mahindra & Mahindra has signed a contract with the Ministry of Defence.

Eicher Motors in Focus as Company Reports Record High Revenues (Views On News)

May 28, 2021

Despite the sharp rise in raw material costs, the company managed to grow its operating profit by 47%.

Auto Sales Dampened in the Month of May. Will it Bounce Back? (Views On News)

Jun 2, 2021

Auto Industry's recovery slows in May due to the second covid wave.

JK Tyre and Industries Stock Jumps on Strong Operational Performance (Views On News)

May 20, 2021

Here's a rundown on the latest quarterly results of JK Tyre and Industries.

More Views on News

Most Popular

Hotel Stocks Will Reward Investors (Fast Profits Daily)

Jun 8, 2021

This is why I'm bullish on the hotel and hospitality sector.

My 'Unlock' Investments (Fast Profits Daily)

Jun 11, 2021

The best unlock investments you can make in the market.

The Most Visible Sign of India's Revival is on Two Wheels (Profit Hunter)

Jun 9, 2021

Investing in the best stocks could result in wealth compounding on a massive scale.

How I Discovered a 400-Year-Old Open Secret to Extreme Wealth (Profit Hunter)

Jun 11, 2021

Charlie Munger's open secret about investing success.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms


Jun 16, 2021 (Close)