Automatic transmission car sales soar - The Reason behind Rise
Auto sales with automatic gearboxes are soaring. The largest automaker in the nation, maruti Suzuki india Ltd., recently announced that it had sold one million automatic cars. This significant figure shows how quickly two-pedal automatic gearbox technology is gaining acceptance in India.
Among the factors contributing to the increased sales are the ease of driving in traffic jams and the closing gap between the mileage of manual and automated vehicles. However, the most important aspect is the customization of a wide range of autonomous technologies at various price points, which is partly attributable to manufacturer inventions and advancements in auto technology. Ten years ago, automatic vehicles supplied by automakers mostly relied on a single technology known as the "torque converter." They were also often far more expensive than their manual counterparts, with inferior fuel efficiency. Since then, a great deal has changed.
Among the factors contributing to the increased sales are the ease of driving in traffic jams and the closing gap between the mileage of manual and automated vehicles. However, the most important aspect is the customization of a wide range of autonomous technologies at various price points, which is partly attributable to manufacturer inventions and advancements in auto technology. Ten years ago, automatic vehicles supplied by automakers mostly relied on a single technology known as the "torque converter." They were also often far more expensive than their manual counterparts, with inferior fuel efficiency. Since then, a great deal has changed.
Almost all 16 of maruti Suzuki's passenger vehicle models are now available with an automatic gearbox, and the percentage of sales for non-manual versions increased from less than 10% in FY21 to more than 12% in FY23. Automatic models account for more than 25% of hyundai Motor India's total sales, particularly for the company's luxury and mid-range petrol models. The percentage of automated automobiles among volkswagen Passenger automobiles in india has increased from less than 50% to more than 60% at this point.
Data from London-based JATO Dynamics, a global provider of automotive business analytics, shows that the percentage of automatic variations sold in passenger vehicles has increased from about 15% in 2018 to over 28% at now.
For maruti Suzuki, over 58% of its total sales of automatic cars came from patrons of its upscale NEXA retail channel. According to Maruti, customers of its non-premium retail platform, Arena, accounted for 42% of auto sales and clearly demonstrated a preference for mid-variants when deciding which automatic vehicle to purchase.
For maruti Suzuki, over 58% of its total sales of automatic cars came from patrons of its upscale NEXA retail channel. According to Maruti, customers of its non-premium retail platform, Arena, accounted for 42% of auto sales and clearly demonstrated a preference for mid-variants when deciding which automatic vehicle to purchase.