Cars in India

The automobile industry in India saw a growth in sales of 13.11% for the February month. The automobile companies managed a sale of total 2, 11,402 cars from 1, 86,890 cars last year same month. In last 10 months, the auto industry has witnessed the highest sales growth in February 2012.

The Indian Car market is on a high, it is said to be free from the pangs of global economic meltdown. The Indian economy is on a steady rise with the rise of the per capita incomes of Indians. The country is among the emerging economies with a stable growth rate of 5% annually.

The Indian car market assures a better growth of 3 million car units in 2015. The market has eventually recognised the car demand in India and hence, it is manufacturing them accordingly. With a strong and powerful engineering base and the cheap and reasonable labour, India has become the largest small car producer. The export figures are rising in an alarming manner.

India was initially known as a market especially for small car segment, but the sedans have made place for themselves now.

While the auto sales were only 1,503 units in January, February 2012 sold around 6,052 units. The month-on-month growth was almost 303%, which is remarkable. The automobile industry showed a remarkable sales growth for fourth consecutive month. In February, the domestic car sales grew over 13% compared to last year same month. In February, the Indian car sales reached 211,402 units as compared to the same month last year.

Car companies that came out as winners were

Maruti Suzuki: It is known for its market dominant product Maruti Swift Dzire. This car played a vital role, boosting the sales go up more than 58%. Moreover, other cars like Maruti Ritz and Maruti Swift, along with many others, saw a sale growth of 31.1% in comparison.

Mahindra & Mahindra: This Company is an auto giant based in home. It saw a growth in countrywide sales of 27% in February. The best-selling car was Mahindra XUV 500 and Mahindra Xylo. Also, Scorpio and Bolero proved their strong presence in the market.

Hyundai Motors: Hyundai Motors scaled a new high of around 13 per cent in its domestic sales with 36,805 units, whilst 32,629 units were recorded in the same period in 2011. The Hyundai Verna Fluidic and small car Hyundai Eon were leading the company sales.

Tata Motors: All over the country, Tata Motors sales went up by 19% in February 2012. Passenger vehicles like Tata Aria, Tata Sumo and Tata Safari witnessed a sales growth of 42%. Tata Nano also did extremely well in its sales.

The cars in India which stood as profitable gainers in terms of sales are Honda City, Maruti Swift Dzire, Mahindra Xylo, Skoda Rapid, Toyota Fortuner, Hyundai Eon, Tata Venture, Toyota Corolla, Hyundai Accent and Tata Safari.

Upcoming Cars in India for year 2012 and 2013

In coming years, some largest car launches will take place, whether it is a hatchback or sedan, an SUV or MUV, petrol engine or diesel engine and small car or luxury car. However, the launch date might change, but they are very much expected in 2012 and 2013.

India's first Multi Purpose Vehicle (MPV) Maruti Ertiga, Mahindra & Mahindra's complete electric car Reva NXR, Renault's entry in the B+ hatchback segment Pulse, Mahindra Ssangyong’s first ever midsized SUV Korando C and the BMW Mini are all expected to make an arrival this financial year, planning to boost the car sales in India.

The cars in India includes a long list of Chevrolet, Hyundai, Audi, BMW, Bentley, Fiat, Honda, Ford, Lamborghini, Mahindra, Land Rover, Maruti Suzuki, Nissan, Mercedes Benz, Porsche, Skoda, Rolls Royce, Tata Motors, Volkswagen, Toyota, Renault, Jaguar, Ferrari, Bugatti, HM Mitsubishi, Mahindra Reva Electric Car Company, Volvo, Hindustan Motors, Premier and Force Motors.

Last Updated on 4/2/2012