Report on passenger car & motorcycle in bangladesh

Report on Passenger Car & Motorcycle in Bangladesh

Market size passenger car:

2004 7500 00 2849 55,000 65,349

Passenger car+ SUV Taxi Cab Commercial Vehicles 2 Wheelers

2003 6350 3715 2698 45,000 61,363

2002 4284 4681 2363 36,000 47,328

2001 4327 192 3297 27,000 34816

2002 300 2776 800 408 4284

2001 250 2479 700 898 4327

Total Engine Capacity Wise Share Passenger Cars Up to 1149 cc 1150-1549cc 1550-1849cc Others, above 1850 cc Total

2004 500 4277 1500 1223 7500

2003 400 4275 1200 475 6350

Market Share of New & Reconditioned Vehicles Year 2001 2002 2003 2004

New

Recondition

Maruti Share in New

1527 1784 2050 2425

ed 2800 2500 4300 5075

Segment 7.2% 3.2% 8.2% 12.0%

Popular Model of Recondition Vehicle Presently Brand Toyota Toyota Toyota Toyota Others brand

Model Corolla Premio Allion others

Capacity 1300 cc 1500 cc 1500cc

Market Share 35% 25% 15% 15% 10%

Model Segmentation New Cars: Capacity Wise

Brand Maruti M-800, Alto, Wagon R, (India)

Up to 1150 cc

Kia Picanto (Korea) Hyunday Santro (India)

Susuki Liana (Japan) Maruti Esteem (India) 1150-1549cc

Toyota Corolla, Echo (Japan) Nissan Sunny (Japan) Mitsubishi Lancer (Japan) Suzuki Liana (Japan)

1550-1849

Toyota Corolla (Japan) Nissan Sunny (Japan) Honda Civic (Japan)

Finance Facilities to Car & Motorcycle: In recent year’s most private bank are providing auto loan facilities, but due to various conditions only limited number of customers avail the loan facilities. In last two years we have sold about 30% vehicle through bank finance. In case of motorcycle financial institute are not providing loan facilities but dealers and distributor some extent providing credit facilities to the customers.

Eligibility of receiving banks loan for car are as follows: a) Employees of: Government/ Semi Government/ Autonomous bodies Sector Corporation Non- Government Organizations Multi-National Companies Banks/ Financial Institutions Educational Institutions b) Professionals like teachers, doctors, engineers etc. c) Self Employments Loan Period: 2- 5 years

Down Payment

: ( 10- 30%) It is varies from bank to bank.

Interest Rate

: 14%- 16%

Recently Uttara Finance & Investment Company Limited introduced 0% down payment loan facilities to the passenger car customers.

Number of Sales outlets of Passenger Car & Motorcycle

1S No. of Showrooms for Car No. of self owned sales outlets No. of self owned service outlets No. of dealers No. of dealers of Motorcycle Authorized service dealer for Motorcycle

2S 6

3S 2 6

Manpower 12 120 70

2 N/A 65 100

Yearly Retail Sales of Maruti- Suzuki: Models M- 800 Gypsy Omni Omni, Ambulance Alto

2000-01 63

2001-02 38

14 7 12

9 1 4

2002-03 59 6 29 2 2

2003-04 79 5 53 1 2

2004-05 54 4 38 2 2

Esteem Wagon R Zen Versa Alto Spin Total

14 110

6 58

8 20 17 10 15 168

10 67 36 20 18 291

11 56 63 19 3 252

Territory Wise Maruti Sale 2004-2005: Models M- 800 Gypsy Omni Omni, Ambulance Alto Esteem Wagon R Zen Versa Alto Spin Total

Dhaka 42 4 26 3 11 49 51 19 3 208

Chittagong 4

Othrs 6

2

10 2

6 6

1 6

18

2 27

Retail Price of Passenger Car: Price of new cars, 1300CC Make & Model Suzuki Liana Mitsubishi Lancer GL Mitsubishi Lancer GLX Toyota Corolla LXI Toyota Echo Nissan Sunny, Ex Saloon

Unit Price BDT 1,275,000.00 1,300,000.00 1,375,000.00 1,450,000.00 1,350,000.00 1,250,000.00

Price of new cars, 1500CC-1600CC Make & Model Suzuki Liana Mitsubishi Lancer GLX Toyota Corolla LXI Nissan Sunny, Ex Saloon Nissan Sunny, Super Saloon Honda Civic, EXI

Unit Price BDT 1,525,000.00 1,550,000.00 1,750,000.00 1,450,000.00 1,500,000.00 1,575,000.00

Price of Reconditioned Cars: Make & Model Toyota Corolla GL, 1500CC (2001 model) Toyota Corolla XE Saloon, 1300CC (2000 model Toyota Corolla X, 1500CC (2004 model) Toyota Allison 1500CC (2004 model) Toyota Premio 1500CC (2002 model) Toyota Premio 1500CC (2004 model)

Unit Price BDT 1,100,000-1,200,000 1,150,000- 1,250,000 1,500,000-1,600,000 1,350,000-1,500,000 1,550,000-1,600,000 1,700,000- 1,800,000

Market size of Motorcycle in last five years: Year 2000-01 2001-02 2002-03 2003-04 2004-05

Market Size, Units 22,625 32,575 43,000 52,450 60,700

Market Share of UML 2,920 5,945 7,805 9,234 11,876

Growth rate of Motorcycle Market Year 2000-01 2001-02 2002-03 2003-04 2004-05

Growth Rate % .5 44 32 22 16

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% Market Share 13 19 17 18 19.6