India’s lean car market cranked back to life

INDIA AID EXCLUSIVE
India’s lean car market cranked back
to life
On the world’s automotive stage India’s car market is still playing a mediocre game

Published: Mon, 30 Mar 2015 11:51:09 GMT
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After a comparatively short spell of coughing and spluttering, with new car sales plummeting almost ten per cent in 2013, signs are that of late India’s previously stuttering car sales motor is back on a steady beat and is again firing on all cylinders. However, signs are that that has scarcely made a ripple, chiefly because on the world’s automotive stage India’s car market is still playing a mediocre third division game. Based on recent performance India will be lucky to earn promotion into the second division during the next couple of years or so. AID investigates

1.85m
Size of India's new car market during full year 2014

Today, India’s passenger car market, with slightly improved sales of 1.85m units last year, is comparable in size to France.

On the other end of the scale, India’s car market remains dwarfed by the 17.8 million passenger cars sold in China’s generally richly rewarding market last year.

Whichever way India’s recent car sales pace is analysed, signs are that the worst has been avoided and last year has turned out markedly better than could have been expected at the start of last year...more

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DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

INDIA new CAR sales: AID EXCLUSIVE
by manufacturer and marque
FULL YEAR 2014 v FULL YEAR 2013

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1.85m Size of India's new car market during full year 2014

1.85m
Size of India's new car market during full year 2014