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

 2004 2003 2002 2001
7500 6350 4284 4327
00 3715 4681 192
2849 2698 2363 3297
55,000 45,000 36,000 27,000
65,349 61,363 47,328 34816

Engine Capacity Wise Share
Passenger Cars 2004 2003 2002 2001
Up to 1149 cc 500 400 300 250
1150-1549cc 4277 4275 2776 2479
1550-1849cc 1500 1200 800 700
Others, above 1850 cc 1223 475 408 898
Total 7500 6350 4284 4327

Market Share of New & Reconditioned Vehicles

Year

 New Reconditioned Maruti Share in New Segment
2001 1527 2800 7.2%
2002 1784 2500 3.2%
2003 2050 4300 8.2%
2004 2425 5075 12.0%

Popular Model of Recondition Vehicle Presently
Brand Model Capacity Market Share
Toyota Corolla 1300 cc 35%
Toyota Premio 1500 cc 25%
Toyota Allion 1500cc 15%
Toyota others 15%
Others brand 10%

Model Segmentation New Cars:

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

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

Toyota Corolla, Echo (Japan)

Nissan Sunny (Japan)

Mitsubishi Lancer (Japan)
1550-1849 Suzuki 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
1S 2S 3S Manpower
No. of Showrooms for Car 2 12
No. of self owned sales outlets 6 6 120
No. of self owned service outlets 2 70
No. of dealers N/A
No. of dealers of Motorcycle 65
Authorized service dealer for Motorcycle 100

Yearly Retail Sales of Maruti- Suzuki:

Models

 2000-01 2001-02 2002-03 2003-04 2004-05
M- 800 63 38 59 79 54
Gypsy 6 5 4
Omni 14 9 29 53 38
Omni, Ambulance 7 1 2 1 2
Alto 12 4 2 2 2
Esteem 14 6 8 10 11
Wagon R – – 20 67 56
Zen – – 17 36 63
Versa – – 10 20 19
Alto Spin – – 15 18 3

Total

 110 58 168 291 252

Territory Wise Maruti Sale 2004-2005:

Models

 Dhaka Chittagong Othrs
M- 800 42 4 6
Gypsy 4
Omni 26 2 10
Omni, Ambulance 2
Alto 3
Esteem 11
Wagon R 49 6 1
Zen 51 6 6
Versa 19
Alto Spin 3 2

Total

 208 18 27

Retail Price of Passenger Car:

Price of new cars, 1300CC

Make & Model Unit Price BDT
Suzuki Liana 1,275,000.00
Mitsubishi Lancer GL 1,300,000.00
Mitsubishi Lancer GLX 1,375,000.00
Toyota Corolla LXI 1,450,000.00
Toyota Echo 1,350,000.00
Nissan Sunny, Ex Saloon 1,250,000.00

Price of new cars, 1500CC-1600CC

Make & Model Unit Price BDT
Suzuki Liana 1,525,000.00
Mitsubishi Lancer GLX 1,550,000.00
Toyota Corolla LXI 1,750,000.00
Nissan Sunny, Ex Saloon 1,450,000.00
Nissan Sunny, Super Saloon 1,500,000.00
Honda Civic, EXI 1,575,000.00

Price of Reconditioned Cars:

Make & Model Unit Price BDT
Toyota Corolla GL, 1500CC (2001 model) 1,100,000-1,200,000
Toyota Corolla XE Saloon, 1300CC (2000 model 1,150,000- 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:

Year Market Size, Units Market Share of UML % Market Share
2000-01 22,625 2,920 13
2001-02 32,575 5,945 19
2002-03 43,000 7,805 17
2003-04 52,450 9,234 18
2004-05 60,700 11,876 19.6

Growth rate of Motorcycle Market

Year Growth Rate %
2000-01 .5
2001-02 44
2002-03 32
2003-04 22
2004-05 16

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