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 DecRank 2015BrandSales DecSales 2015Dec Var2015 VarShare DecShare 2015
11Maruti111.3331.289.12713,5%11,9%48,1%46,4%
22Hyundai41.861476.00128,8%15,7%18,1%17,1%
33Mahindra17.149206.8251,8%0,2%7,4%7,4%
44Honda12.379202.390-14,2%12,6%5,3%7,3%
56Toyota10.446139.816-11,0%5,3%4,5%5,0%
68Renault10.29253.418160,2%19,3%4,4%1,9%
75Tata8.068139.906-33,0%10,1%3,5%5,0%
87Ford5.92477.80957,5%0,8%2,6%2,8%
99Volkswagen2.57743.156-36,7%-2,4%1,1%1,6%
1010Chevrolet2.51536.518-19,8%-36,6%1,1%1,3%
1112Datsun1.69919.378141,3%45,4%0,7%0,7%
1213Skoda1.45315.4576,8%0,9%0,6%0,6%
1311Nissan1.36721.545-44,3%-41,1%0,6%0,8%
1414Mercedes1.10813.15718,5%28,7%0,5%0,5%
1515Audi1.02111.0838,6%4,7%0,4%0,4%
1616Fiat7928.624-1,4%-30,4%0,3%0,3%
1717BMW6688.431-15,9%-12,2%0,3%0,3%
1818Land Rover2994.37412,7%52,6%0,1%0,2%
1919Force2053.620-16,0%11,0%0,1%0,1%
2021Volvo1551.430127,9%40,9%0,1%0,1%

Rank DecRank 2015GroupSales DecSales 2015Dec Var2015 VarShare DecShare 2015
11Suzuki111.3331.289.12713,5%11,9%48,1%46,4%
22Hyundai-Kia41.861476.00128,8%15,7%18,1%17,1%
33Mahindra Group17.235207.3651,8%-0,1%7,4%7,5%
47Renault-Nissan13.35894.34187,8%-0,4%5,8%3,4%
54Honda12.379202.390-14,2%12,6%5,3%7,3%
66Toyota10.446139.816-11,0%5,3%4,5%5,0%
75Tata8.367144.280-32,0%11,0%3,6%5,2%
88Ford5.92477.80957,5%0,8%2,6%2,8%
99Volkswagen5.08471.038-21,6%-0,7%2,2%2,6%
1010General Motors2.51536.518-19,8%-36,6%1,1%1,3%

Rank DecRank 2015ModelSales DecSales 2015Dec Var2015 VarShare DecShare 2015
11Maruti Alto22.589272.0961,3%4,7%10,4%10,0%
22Maruti Dzire16.790236.038-2,4%11,9%7,7%8,7%
34Maruti Wagon R14.645170.39918,8%7,0%6,7%6,3%
43Maruti Swift14.548206.924-16,4%2,0%6,7%7,6%
56Hyundai Grand i1012.749124.05555,3%27,2%5,9%4,6%
65Hyundai i2010.379130.08411,1%88,2%4,8%4,8%
78Maruti Celerio8.01982.96165,3%22,7%3,7%3,1%
87Mahindra Bolero7.13388.047-26,8%-13,7%3,3%3,2%
934Renault Kwid6.88817.9333,2%0,7%
109Honda City6.36682.9125,9%7,2%2,9%3,1%
1111Hyundai Eon6.36371.6206,1%-10,9%2,9%2,6%
1210Maruti Omni6.14978.927-1,6%5,9%2,8%2,9%
1315Maruti Ertiga5.98160.19422,6%-1,6%2,8%2,2%
1413Maruti Eeco4.97361.83610,0%22,9%2,3%2,3%
1519Hyundai Creta4.70940.9522,2%1,5%
1617Hyundai Xcent4.52951.08241,4%-1,4%2,1%1,9%
1714Toyota Innova3.96160.529-17,5%1,8%1,8%2,2%
1816Mahindra Scorpio3.38751.089-2,4%0,2%1,6%1,9%
1923Toyota Etios3.16834.49527,6%28,8%1,5%1,3%
2012Honda Amaze2.93363.831-43,3%-3,1%1,3%2,3%
2120Maruti Ciaz2.84138.1601,3%1,4%
2225Honda Jazz2.60229.6431,2%1,1%
2321Mahindra XUV 5002.45637.100-2,0%5,7%1,1%1,4%
2429Renault Duster2.32324.172-28,7%-39,3%1,1%0,9%
2537Ford Aspire2.25216.4311,0%0,6%
2631Toyota Liva2.21922.139-1,7%0,8%1,0%0,8%
2735Ford Figo2.19117.5421351,0%-13,7%1,0%0,6%
2824Hyundai i102.18633.240-39,6%-10,7%1,0%1,2%
2936Maruti S-Cross2.00016.9540,9%0,6%
3027Tata Zest1.80424.864-41,0%51,5%0,8%0,9%
3122Tata Indica/Vista1.68234.740-33,9%-5,2%0,8%1,3%
3226Volkswagen Polo1.65828.534-44,0%-1,5%0,8%1,1%
3328Tata Indigo/Manza1.53424.215-26,5%-12,7%0,7%0,9%
3418Ford Ecosport1.48142.403-56,0%-17,0%0,7%1,6%
3530Tata Nano1.36822.820-3,3%23,1%0,6%0,8%
3643Skoda Rapid1.22511.5884,9%-3,5%0,6%0,4%
3757Maruti Gypsy1.1875.28832,8%5,2%0,5%0,2%
3833Maruti Ritz1.03919.809-72,3%-44,4%0,5%0,7%
3944Chevrolet Tavera91911.32069,6%-16,2%0,4%0,4%
4045Datsun GO+85310.873242,6%4266,7%0,4%0,4%
4149Datsun Go8468.50585,9%-35,0%0,4%0,3%
4240Volkswagen Vento78112.550-22,8%-3,7%0,4%0,5%
4350Renault Lodgy7418.2280,3%0,3%
4447Tata Sumo73210.621-44,7%-29,0%0,3%0,4%
4542Chevrolet Beat73112.076-36,7%-37,5%0,3%0,4%
4653Nissan Micra6907.67342,6%-15,8%0,3%0,3%
4755Fiat Punto6646.76335,5%-24,7%0,3%0,2%
4838Toyota Fortuner64915.909-49,9%-6,4%0,3%0,6%
4932Hyundai Verna61621.503-67,6%-37,0%0,3%0,8%
5041Tata Bolt51112.080-40,0%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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