India February. Maruti at 50% of market share

Indian Autos Market Mercedes-Benz-G63_AMG-2019

Indian Autos Market started the 2018 with a positive score both in January and in February and year to date figures up 5.3%. Maruti has reinforced the leadership with over 50% of market share while Toyota, Honda, Renault and VW are struggling.

Indian economic growth is likely to firm up in FY 2018 as one-off disruptions continue to fade and strong global growth buttresses the external sector. Nonetheless, fiscal discipline could limit the extent of the rebound, while higher inflation could see a tighter monetary stance. FY 2018 economic growth is projected at 7.3% the highest speed among the Top 20 global economies. In FY 2019, panelists forecast a GDP expansion of 7.4%

Indian vehicles market is the 5th largest in the World and is very close to outpace Germany for the 4th. In the last fourth years the market has taken a stable growing pathway hitting the all time record any year, with 2016 at 2.9 million car passengers sold.

In the 2017,  on top of new GST effective for all sectors, the automotive industry was effected by the new Automotive policy, effective from July 1st, having the Government changed vehicles duties aiming to sustain vehicles of reduced dimensions (below the 4 meters) and reduce the emission level. The new law is basically similar to the previous one and should not change the industry basic with the dominion of local made small vehicles and the growth of SUV segment just in the compact derivatives. However, the law includes a sort of luxury tax for high cylinder engines, penalizing the sales for Premium brands.

According to data released by the SIAM, the local association of manufacturers, the year ended with the new record level, at 3.223.429 sales, first time above the 3 million, up 8.7%

 Sales 2012Sales 2013Sales 2014Sales 2015Sales 2016Sales 2017Sales 2018 e

 2012 Var2013 Var2014 Var2015 Var2016 Var2017 Var2018 var e

The start of the 2018 has been quite positive for the car passenger’s segment, with January sales at 284.357 (+7.3%) and February at 263.081 (+3.3%) with year to date figures at 547.422 (+5.3%).

At brand-wise, so far in the year Maruti improved 8.4 with 275.837 sales and 50.4% of market share.

Hyundai was second with 90.013 sales (+6.7%) ahead of Mahindra & Mahindra with 42.220 (+10.9%), Tata with 37.826 (+50.2%), Honda with 26.702 (-11.5%), Ford with 18.491 (+13.2%), Renault with 14.224 (-28.8%), Toyota with 13.516 (-38.2%), Datsun with 6.989 (+2.1%) and in 10th place Volkswagen with 6.635 (-17.3%).

At model wise, the leader was Maruti Dzire with 43.481 sales (+25.3%) followed by the Maruti Baleno with 33.577 (+85.2%) and the Maruti Swift with 31.736 (+18.1%). The Tata Tiago landed in the top 10.

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Research, Consulting, Data & Forecast

F2M covers intensively this market with several products developed to help any investigation required. Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2022. AutoData in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.  See details within  India Corner Store

Rank 2018Rank FebBrandSales 2018Sales FebruaryVariation 2018Variation FebruaryShare 2018
1717Land Rover53524533,8%22,5%0,1%

Rank 2018Rank FebGroupSales 2018Sales FebruaryVariation 2018Variation FebruaryShare 2018
33Mahindra Group42.29020.47310,9%7,9%7,7%
56Honda M.C.26.70211.864-11,5%-18,7%4,9%
65Renault Nissan Alliance23.23112.072-20,5%-24,9%4,2%
77Ford M.C.18.4919.04113,2%8,4%3,4%
811Toyota M.C.13.5161.165-38,2%-89,9%2,5%
98Volkswagen Group10.5455.165-12,4%-13,4%1,9%

Rank 2018Rank FebModelSales 2018Sales FebruaryVariation 2018Variation February
11Maruti Dzire43.48120.94125,3%26,1%
23Maruti Baleno33.57715.80785,2%106,4%
32Maruti Swift31.73617.29118,1%40,3%
44Maruti Wagon R28.21114.029-1,0%3,5%
55Hyundai i2023.02813.3785,3%28,5%
66Hyundai Grand i1022.30710.198-13,8%-20,7%
731Maruti Alto21.1101.976-50,4%-89,9%
87Hyundai Creta18.5629.2789,7%3,1%
98Mahindra Bolero16.2078.00124,3%24,2%
1010Tata Tiago15.0056.71839,4%25,2%
119Maruti Celerio14.4836.842-24,5%-17,7%
1212Toyota Innova13.1556.12718,9%1,2%
1339Maruti Vitara12.9471.162-31,8%-88,4%
1411Maruti Omni12.4916.336-24,4%-18,9%
1514Ford Ecosport12.2715.43847,5%19,2%
1613Renault Kwid11.6646.074-29,6%-37,0%
1718Hyundai Eon10.6624.5511,1%-17,3%
1816Mahindra Scorpio10.0814.85112,0%8,7%
1915Maruti Ciaz9.9594.897-19,8%-16,8%
2019Maruti Ignis9.8044.3323,3%-7,1%
2117Maruti Ertiga9.3414.645-12,7%-15,6%
2220Tata Nexon9.0804.163
2321Hyundai Verna8.6024.001404,5%395,2%
2422Honda City7.8533.885-38,0%-38,5%
2523Honda WR-V7.6373.3642316,8%964,6%
2626Hyundai Xcent6.1312.768-8,5%-17,3%
2724Tata Tigor6.0182.846
2825Datsun RediGo5.1502.78620,6%15,9%
2928Mahindra KUV1005.1222.485-8,9%-15,1%
3027Mahindra TUV3005.1132.4887,5%5,9%


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