Indian new vehicles sales up in double-digit in November fueled by new models.

Indian new vehicles sales

Indian new vehicles sales up in double-digit in November fueled by new models. The market kept momentum with the 13th year-on-year increase in a string thanks to the positive economic environment and dynamic offer.

Economic Outlook

India’s economy lost a bit of momentum in the April to June quarter, although the country continues to outshine the majority of its regional peers. The country is in a better position to withstand China’s slowdown than many other Asian economies and latest data suggest that growth was robust in recent months.

The services PMI picked up in October while industrial production growth edged down from August’s multi-year high in September. However, the key for India to sustain robust growth rates going forward lies in enacting meaningful economic reforms, which have become stalled in Parliament.

In a setback to Prime Minister Narendra Modi’s reform agenda, his party suffered a profound defeat in the regional Bihar elections, the results of which were announced on 8 November. The loss will likely embolden Modi’s opponents and make it more difficult to pass reforms through the Upper House, whose seats are mainly determined by state legislatures and where Modi’s party currently lacks a majority.

Market Outlook

Indian new vehicles sales are booming this year pushed up by positive economic environment with consumers stimulated by several new vehicles launched by all major manufacturers, after several years of stable demand with a relatively low choise opportunities.

In November the domestic sales scored the 13th year-on-year growth month in a series with an increase below the astonishing score of October while anyhow in double-digit.

According with data reported by the SIAM, the Society of Indian Automotive Manufacturers, November sales figures had been 237.060, up 11.5%  with the total new cars sold during the first eleven months of the year at 2.548.437, up 8..6% from the correspondent period last year. When adding the over half a million light commercial vehicles sold, the Indian Light Vehicle market has already exceeded the 3 million units, the 5th volume worldwide in the year.

Competitve Arena

In November Maruti sold 110.599 units (+10.6%) with market share at 46.7% and year-to-date volume at 1.177.000 units. In second, Hyundai sold 43.651 units (+22.9%) while third was Mahindra & Mahindra with 18.355 sales (+38.5%). Honda ranked fourth with 14.712 sales (-3.6%) followed by Tata with 10.517 (-12.5%), Toyota with 10.278 (-15.5%) and Ford with 8.773 (+54.8%)

As far as the performance at group level, Maruti-Suzuki led with 46.7% of market share ahead of Hyundai Group with 18.4%, Mahindra with 7.8% and Honda with 6.2%.

As far as the best-selling models, in November the Maruti Alto was back on top with21.995 units (-9.1%) ahead of the Maruti Dzire with 18.826 sales (+34.4%) and the Maruti R Wagon with 13.986 (+3.3%).

Several new models are gaining space: the Hyundai Creta ranked 13th with 5.837, the Maruti Ciaz was 15th with 5.509 units, the Renault Kwid was 16th with 5.469, the Honda Jazz was 22nd with 3367 and the Ford Aspire was 28th with 2.366.

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 NovRank 2015BrandNovYTD NovVar NovVar 2015Nov2015
11Maruti110.5991.177.79410,6%11,7%46,7%46,2%
22Hyundai43.651434.14022,9%14,6%18,4%17,0%
34Mahindra18.355189.67638,5%0,1%7,7%7,4%
43Honda14.712190.011-3,6%14,9%6,2%7,5%
55Tata10.517131.838-12,5%14,6%4,4%5,2%
66Toyota10.278129.370-15,5%6,9%4,3%5,1%
77Ford8.77371.88554,8%-2,1%3,7%2,8%
88Renault7.81943.126144,3%5,6%3,3%1,7%
910Chevrolet2.47534.003-38,2%-37,5%1,0%1,3%
109Volkswagen1.94240.579-49,5%1,1%0,8%1,6%
1111Nissan1.42020.178-7,4%-40,9%0,6%0,8%
1212Datsun1.19717.679136,1%40,0%0,5%0,7%
1313Skoda1.10014.004-6,1%0,3%0,5%0,5%
1415Audi94010.0620,0%4,3%0,4%0,4%
1514Mercedes87012.0490,0%29,7%0,4%0,5%
1617BMW8147.7630,0%-11,8%0,3%0,3%
1716Fiat6067.832-20,3%-32,4%0,3%0,3%
1818Land Rover2994.0750,0%56,7%0,1%0,2%
1919Force2053.4150,0%13,2%0,1%0,1%
2022Porsche1121.2780,0%1,8%0,0%0,1%

Rank NovRank 2015GroupNovYTD NovVar NovVar 2015Nov2015
11Suzuki110.5991.177.79410,6%11,7%46,7%46,2%
22Hyundai-Kia43.651434.14022,9%14,6%18,4%17,0%
33Mahindra Group18.441190.13038,3%-0,3%7,8%7,5%
44Honda14.712190.011-3,6%14,9%6,2%7,5%
55Tata10.816135.913-12,2%15,5%4,6%5,3%
67Renault-Nissan10.43680.98399,1%-7,5%4,4%3,2%
76Toyota10.278129.370-15,5%6,9%4,3%5,1%
88Ford8.77371.88554,8%-2,1%3,7%2,8%
99Volkswagen4.09765.960-32,5%1,4%1,7%2,6%
1010General Motors2.47534.003-38,2%-37,5%1,0%1,3%

Rank NovRank 2015ModelNov2015Var NovVar 2015Nov %2015 %
11Maruti Alto21.995249.507-9,1%5,0%9,8%9,9%
22Maruti Dzire18.826219.24834,4%13,2%8,4%8,7%
34Maruti Wagon R13.986155.7543,3%6,0%6,2%6,2%
46Hyundai i10 Grand12.899111.30653,6%24,6%5,8%4,4%
53Maruti Swift11.859192.376-33,7%3,8%5,3%7,6%
65Hyundai i2010.074119.705-4,5%100,3%4,5%4,7%
711Hyundai Eon7.15465.2578,0%-12,2%3,2%2,6%
89Maruti Celerio6.95674.94241,2%19,4%3,1%3,0%
97Mahindra Bolero6.87580.9149,1%-12,3%3,1%3,2%
1010Maruti Omni6.52072.778-9,6%6,6%2,9%2,9%
118Honda City6.34276.546-12,5%7,3%2,8%3,0%
1213Maruti Eeco5.91256.86318,6%24,2%2,6%2,2%
1319Hyundai Creta5.83736.2432,6%1,4%
1415Maruti Ertiga5.63854.21312,7%-3,7%2,5%2,1%
1520Maruti Ciaz5.50935.3192,5%1,4%
1643Renault Kwid5.46911.0452,4%0,4%
1716Mahindra Scorpio4.11847.702-2,1%0,4%1,8%1,9%
1812Honda Amaze4.10660.89824,0%0,3%1,8%2,4%
1917Hyundai Xcent4.05746.5534,1%-4,2%1,8%1,8%
2014Toyota Innova3.94456.568-26,6%3,5%1,8%2,2%
2118Ford Ecosport3.61740.922-5,9%-14,2%1,6%1,6%
2226Honda Jazz3.36727.0411,5%1,1%
2321Mahindra XUV 5002.79434.64436,5%6,3%1,2%1,4%
2435Ford Figo2.79015.351100,9%-23,9%1,2%0,6%
2524Toyota Etios2.72031.32727,8%28,9%1,2%1,2%
2622Tata Indica/Vista2.61433.0585,6%-3,1%1,2%1,3%
2725Hyundai i102.47031.054-26,9%-7,5%1,1%1,2%
2839Ford Aspire2.36614.1791,1%0,6%
2931Tata Nano2.26321.45219,1%25,3%1,0%0,8%
3037Maruti S-Cross2.22214.9541,0%0,6%
3133Toyota Liva1.84819.920-10,9%1,1%0,8%0,8%
3229Tata Indigo/Manza1.69422.681-18,4%-11,6%0,8%0,9%
3330Renault Duster1.67521.849-37,3%-40,2%0,7%0,9%
3428Tata Zest1.65723.060-56,8%72,6%0,7%0,9%
3534Maruti Ritz1.27418.770-48,9%-41,1%0,6%0,7%
3627Volkswagen Polo1.16926.876-58,9%3,4%0,5%1,1%
3736Toyota Fortuner1.05815.260-30,3%-2,8%0,5%0,6%
3832Hyundai Verna1.04720.887-34,1%-35,2%0,5%0,8%
3941Tata Bolt94411.5690,4%0,5%
4044Chevrolet Tavera94010.401-13,4%-19,8%0,4%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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