India Auto Market in 2015 hit the new all time record advancing in 5th place at global level.

India Auto Market in 2015 Suzuki-SX4_2014

India Auto Market in 2015 hit the new all time record advancing in 5th place at global level. The market is fueled by a roaring domestic economy and by the introduction of several new models all having great success.

Economic Outlook

India’s economy picked up speed in the July to September quarter, growing 7.4% over the same period of last year. Strong fixed investment growth and robust government spending fueled the acceleration, while private consumption remained sluggish and the external sector’s drag on the economy increased.

Looking forward, government consumption is likely to wane in the coming quarters as much of the expenditure was front-loaded and more recent economic data is mixed: the manufacturing PMI fell to an over-two-year low in November but industrial production expanded at a multi-year high in October. The key for the Indian economy lies in enacting meaningful economic reforms, however, crucial bills remain stalled in Congress.

In December, legislation for the long-awaited Goods and Service Tax (GST)—designed to simplify India’s complex tax system and boost the business climate—was held up by protesting opposition members. The government lacks a majority in the Upper House of Congress, which has hindered its reform agenda.

Market Outlook

December was the 19th month after the May 2014 political election that have changed the country leadership and the Indian Auto market celebrates the 18th year on year growth out of the last 19 months. It is not a case, as the new government has introduced more support for the industry and increased the consumer’s confidence.

In a booming economic environment (+7.4% in the Q3 is probably the best GDP increase worldwide) demand for new vehicles has fueled by new models as well and several new entry are already on top of a model ranking usually almost frozen.

In December new car passenger’s sales had been 231.635, up 10.4% from the correspondent month last year.

According with data reported by the SIAM, the Society of Indian Automotive Manufacturers, calendar year 2015 ended with a new record of 2.780.092 sales, up 8.7% from the 2014.

With additional 550.000 sales of the light commercial vehicles (data are not yet consolidated), the Indian Light Vehicles market in the 2015 was the 5th in the World, up 1 spot from the previous year.

Competitve Arena

In December Maruti sold 111.333 units (+13.5%) with market share at 48.1% and full year sales volume at 1.289.000 units. In second, place Hyundai sold 41.861 units (+28.8%) ending the year at 476.001 (+15.7%) while third was Mahindra & Mahindra with 17.149 sales (+1.8%).

Honda ranked fourth with 12.379 sales (-14.2%) followed by Toyota with 10.446 (-11.0%), Renault with 10.292 (+160.2%) and Tata with 8.068 (-33.0%)

As far as the performance at group level, Maruti-Suzuki led with 48.1% of market share ahead of Hyundai Group with 18.1% and Mahindra with 7.4%.

As far as the best-selling models, in December the Maruti Alto was back on top with 22.589 units (+1.3%) ahead of the Maruti Dzire with 16.790 sales (-2.4%) and the Maruti R Wagon with 14.645 (+18.8%).

Several new models are gaining space: the Renault Kwid was 9th with 6.888, the  Hyundai Creta ranked 15th with 4.709, the Maruti Ciaz was 21st with 2.841 units, the Honda Jazz was 22nd with 2.602 and the Ford Aspire was 25th with 2.252.

Wishing to see the best-selling cars ranking for the top 100 models, just read the dedicated report.

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank Dec Rank 2015 Brand Sales Dec Sales 2015 Dec Var 2015 Var Share Dec Share 2015
1 1 Maruti 111.333 1.289.127 13,5% 11,9% 48,1% 46,4%
2 2 Hyundai 41.861 476.001 28,8% 15,7% 18,1% 17,1%
3 3 Mahindra 17.149 206.825 1,8% 0,2% 7,4% 7,4%
4 4 Honda 12.379 202.390 -14,2% 12,6% 5,3% 7,3%
5 6 Toyota 10.446 139.816 -11,0% 5,3% 4,5% 5,0%
6 8 Renault 10.292 53.418 160,2% 19,3% 4,4% 1,9%
7 5 Tata 8.068 139.906 -33,0% 10,1% 3,5% 5,0%
8 7 Ford 5.924 77.809 57,5% 0,8% 2,6% 2,8%
9 9 Volkswagen 2.577 43.156 -36,7% -2,4% 1,1% 1,6%
10 10 Chevrolet 2.515 36.518 -19,8% -36,6% 1,1% 1,3%
11 12 Datsun 1.699 19.378 141,3% 45,4% 0,7% 0,7%
12 13 Skoda 1.453 15.457 6,8% 0,9% 0,6% 0,6%
13 11 Nissan 1.367 21.545 -44,3% -41,1% 0,6% 0,8%
14 14 Mercedes 1.108 13.157 18,5% 28,7% 0,5% 0,5%
15 15 Audi 1.021 11.083 8,6% 4,7% 0,4% 0,4%
16 16 Fiat 792 8.624 -1,4% -30,4% 0,3% 0,3%
17 17 BMW 668 8.431 -15,9% -12,2% 0,3% 0,3%
18 18 Land Rover 299 4.374 12,7% 52,6% 0,1% 0,2%
19 19 Force 205 3.620 -16,0% 11,0% 0,1% 0,1%
20 21 Volvo 155 1.430 127,9% 40,9% 0,1% 0,1%

Rank Dec Rank 2015 Group Sales Dec Sales 2015 Dec Var 2015 Var Share Dec Share 2015
1 1 Suzuki 111.333 1.289.127 13,5% 11,9% 48,1% 46,4%
2 2 Hyundai-Kia 41.861 476.001 28,8% 15,7% 18,1% 17,1%
3 3 Mahindra Group 17.235 207.365 1,8% -0,1% 7,4% 7,5%
4 7 Renault-Nissan 13.358 94.341 87,8% -0,4% 5,8% 3,4%
5 4 Honda 12.379 202.390 -14,2% 12,6% 5,3% 7,3%
6 6 Toyota 10.446 139.816 -11,0% 5,3% 4,5% 5,0%
7 5 Tata 8.367 144.280 -32,0% 11,0% 3,6% 5,2%
8 8 Ford 5.924 77.809 57,5% 0,8% 2,6% 2,8%
9 9 Volkswagen 5.084 71.038 -21,6% -0,7% 2,2% 2,6%
10 10 General Motors 2.515 36.518 -19,8% -36,6% 1,1% 1,3%

Rank Dec Rank 2015 Model Sales Dec Sales 2015 Dec Var 2015 Var Share Dec Share 2015
1 1 Maruti Alto 22.589 272.096 1,3% 4,7% 10,4% 10,0%
2 2 Maruti Dzire 16.790 236.038 -2,4% 11,9% 7,7% 8,7%
3 4 Maruti Wagon R 14.645 170.399 18,8% 7,0% 6,7% 6,3%
4 3 Maruti Swift 14.548 206.924 -16,4% 2,0% 6,7% 7,6%
5 6 Hyundai Grand i10 12.749 124.055 55,3% 27,2% 5,9% 4,6%
6 5 Hyundai i20 10.379 130.084 11,1% 88,2% 4,8% 4,8%
7 8 Maruti Celerio 8.019 82.961 65,3% 22,7% 3,7% 3,1%
8 7 Mahindra Bolero 7.133 88.047 -26,8% -13,7% 3,3% 3,2%
9 34 Renault Kwid 6.888 17.933 3,2% 0,7%
10 9 Honda City 6.366 82.912 5,9% 7,2% 2,9% 3,1%
11 11 Hyundai Eon 6.363 71.620 6,1% -10,9% 2,9% 2,6%
12 10 Maruti Omni 6.149 78.927 -1,6% 5,9% 2,8% 2,9%
13 15 Maruti Ertiga 5.981 60.194 22,6% -1,6% 2,8% 2,2%
14 13 Maruti Eeco 4.973 61.836 10,0% 22,9% 2,3% 2,3%
15 19 Hyundai Creta 4.709 40.952 2,2% 1,5%
16 17 Hyundai Xcent 4.529 51.082 41,4% -1,4% 2,1% 1,9%
17 14 Toyota Innova 3.961 60.529 -17,5% 1,8% 1,8% 2,2%
18 16 Mahindra Scorpio 3.387 51.089 -2,4% 0,2% 1,6% 1,9%
19 23 Toyota Etios 3.168 34.495 27,6% 28,8% 1,5% 1,3%
20 12 Honda Amaze 2.933 63.831 -43,3% -3,1% 1,3% 2,3%
21 20 Maruti Ciaz 2.841 38.160 1,3% 1,4%
22 25 Honda Jazz 2.602 29.643 1,2% 1,1%
23 21 Mahindra XUV 500 2.456 37.100 -2,0% 5,7% 1,1% 1,4%
24 29 Renault Duster 2.323 24.172 -28,7% -39,3% 1,1% 0,9%
25 37 Ford Aspire 2.252 16.431 1,0% 0,6%
26 31 Toyota Liva 2.219 22.139 -1,7% 0,8% 1,0% 0,8%
27 35 Ford Figo 2.191 17.542 1351,0% -13,7% 1,0% 0,6%
28 24 Hyundai i10 2.186 33.240 -39,6% -10,7% 1,0% 1,2%
29 36 Maruti S-Cross 2.000 16.954 0,9% 0,6%
30 27 Tata Zest 1.804 24.864 -41,0% 51,5% 0,8% 0,9%
31 22 Tata Indica/Vista 1.682 34.740 -33,9% -5,2% 0,8% 1,3%
32 26 Volkswagen Polo 1.658 28.534 -44,0% -1,5% 0,8% 1,1%
33 28 Tata Indigo/Manza 1.534 24.215 -26,5% -12,7% 0,7% 0,9%
34 18 Ford Ecosport 1.481 42.403 -56,0% -17,0% 0,7% 1,6%
35 30 Tata Nano 1.368 22.820 -3,3% 23,1% 0,6% 0,8%
36 43 Skoda Rapid 1.225 11.588 4,9% -3,5% 0,6% 0,4%
37 57 Maruti Gypsy 1.187 5.288 32,8% 5,2% 0,5% 0,2%
38 33 Maruti Ritz 1.039 19.809 -72,3% -44,4% 0,5% 0,7%
39 44 Chevrolet Tavera 919 11.320 69,6% -16,2% 0,4% 0,4%
40 45 Datsun GO+ 853 10.873 242,6% 4266,7% 0,4% 0,4%
41 49 Datsun Go 846 8.505 85,9% -35,0% 0,4% 0,3%
42 40 Volkswagen Vento 781 12.550 -22,8% -3,7% 0,4% 0,5%
43 50 Renault Lodgy 741 8.228 0,3% 0,3%
44 47 Tata Sumo 732 10.621 -44,7% -29,0% 0,3% 0,4%
45 42 Chevrolet Beat 731 12.076 -36,7% -37,5% 0,3% 0,4%
46 53 Nissan Micra 690 7.673 42,6% -15,8% 0,3% 0,3%
47 55 Fiat Punto 664 6.763 35,5% -24,7% 0,3% 0,2%
48 38 Toyota Fortuner 649 15.909 -49,9% -6,4% 0,3% 0,6%
49 32 Hyundai Verna 616 21.503 -67,6% -37,0% 0,3% 0,8%
50 41 Tata Bolt 511 12.080 -40,0% 1317,8% 0,2% 0,4%

To know all about this market you can purchase the India Auto Book 2015 or the India Car Market 2020 Outlook:

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