Report on Passenger Car & Motorcycle in Bangladesh

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Report on Passenger Car & Motorcycle in Bangladesh

Market size passenger car:

Passenger car+ SUVTaxi Cab

Commercial Vehicles

2 Wheelers

Total

2004200320022001
7500635042844327
0037154681192
2849269823633297
55,00045,00036,00027,000
65,34961,36347,32834816

Engine Capacity Wise Share

Passenger Cars2004200320022001
Up to 1149 cc500400300250
1150-1549cc4277427527762479
1550-1849cc15001200800700
Others, above 1850 cc1223475408898
Total7500635042844327

Market Share of New & Reconditioned Vehicles

Year

NewReconditionedMaruti Share in New Segment
2001152728007.2%
2002178425003.2%
2003205043008.2%
20042425507512.0%

Popular Model of Recondition Vehicle Presently

BrandModelCapacityMarket Share
ToyotaCorolla1300 cc35%
ToyotaPremio1500 cc25%
ToyotaAllion1500cc15%
Toyotaothers15%
Others brand10%

Model Segmentation New Cars:

Capacity Wise
Brand
Up to 1150 ccMaruti M-800, Alto, Wagon R, (India)Kia Picanto (Korea)

Hyunday Santro (India)

1150-1549ccSusuki Liana (Japan)Maruti Esteem (India)

Toyota Corolla, Echo (Japan)

Nissan Sunny (Japan)

Mitsubishi Lancer (Japan)

1550-1849Suzuki Liana (Japan)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
1S2S3SManpower
No. of Showrooms for Car212
No. of self owned sales outlets66120
No. of self owned service outlets270
No. of dealersN/A
No. of dealers of Motorcycle65
Authorized service dealer for Motorcycle100

Yearly Retail Sales of Maruti- Suzuki:

Models

2000-012001-022002-032003-042004-05
M- 8006338597954
Gypsy654
Omni149295338
Omni, Ambulance71212
Alto124222
Esteem14681011
Wagon R206756
Zen173663
Versa102019
Alto Spin15183

Total

11058168291252

Territory Wise Maruti Sale 2004-2005:

Models

DhakaChittagongOthrs
M- 8004246
Gypsy4
Omni26210
Omni, Ambulance2
Alto3
Esteem11
Wagon R4961
Zen5166
Versa19
Alto Spin32

Total

2081827

Retail Price of Passenger Car:

Price of new cars, 1300CC

Make & ModelUnit Price BDT
Suzuki Liana1,275,000.00
Mitsubishi Lancer GL1,300,000.00
Mitsubishi Lancer GLX1,375,000.00
Toyota Corolla LXI1,450,000.00
Toyota Echo1,350,000.00
Nissan Sunny, Ex Saloon1,250,000.00

Price of new cars, 1500CC-1600CC

Make & ModelUnit Price BDT
Suzuki Liana1,525,000.00
Mitsubishi Lancer GLX1,550,000.00
Toyota Corolla LXI1,750,000.00
Nissan Sunny, Ex Saloon1,450,000.00
Nissan Sunny, Super Saloon1,500,000.00
Honda Civic, EXI1,575,000.00

Price of Reconditioned Cars:

Make & ModelUnit Price BDT
Toyota Corolla GL, 1500CC (2001 model)1,100,000-1,200,000
Toyota Corolla XE Saloon, 1300CC (2000 model1,150,000- 1,250,000
Toyota Corolla X, 1500CC (2004 model)1,500,000-1,600,000
Toyota Allison 1500CC (2004 model)1,350,000-1,500,000
Toyota Premio 1500CC (2002 model)1,550,000-1,600,000
Toyota Premio 1500CC (2004 model)1,700,000- 1,800,000

Market size of Motorcycle in last five years:

YearMarket Size, UnitsMarket Share of UML% Market Share
2000-0122,6252,92013
2001-0232,5755,94519
2002-0343,0007,80517
2003-0452,4509,23418
2004-0560,70011,87619.6

Growth rate of Motorcycle Market

YearGrowth Rate %
2000-01.5
2001-0244
2002-0332
2003-0422
2004-0516

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