India: most OEMs launch compact cars, anticipating continued growth

Suzuki increases its production capacity to 1.7 million in FY2013, Daimler builds new commercial veh

2011/04/06

Summary

 This Report outlines major OEM operations in India centered on their plans to launch new models and production capabilities.

 Since the market in India is expected to continue to grow, each OEM is competing to launch new models. The passenger car market in India consists mainly of compact cars priced at 500,000 rupees or below. Each OEM including Maruti Suzuki, which holds a 45% marketshare, launches low-priced compact models. On the other hand, like Maruti Suzuki's Swift Dzire or Toyota Etios, high-quality compact cars priced slightly higher are increasingly introduced.

 Concerning their production facilities, Maruti Suzuki, which produced 1.214 million in India in 2010, will build two plants capable of producing 250,000 a year each to boost its production capacity to 1.7 million per year for FY2013. Daimler will construct a new commercial vehicle plant, planning to enter the medium-/heavy-duty commercial vehicle market under a new brand. PSA will build a new passenger car plant, reentering the Indian market. In addition, Toyota, Hyundai, and GM will construct a new engine plant.

 From April 2010 to February 2011, India boosted production and sales significantly, producing 3.351 million (up 28.1% year-on-year) and selling 2.873 million (up 29.6%) domestically. India increased exports by 5.6% to 470,000.

 (Note) Passenger vehicle sales by manufacturer in India are shown at the end of the Report.



Plans to launch new models in the passenger car market in India

 Each OEM is successively introducing compact cars that are developed for emerging markets in the passenger car market in India, which mainly consists of low-priced compact cars. In addition, high-quality models that are priced higher such as Maruti Suzuki's Swift Dzire and Toyota Etios, which was launched in December 2010, are increasingly introduced. (In the 2010 passenger car sales rankings, Maruti Suzuki's Alto, which is priced at about 300,000 rupees, sold about 300,000 and took the first place. Swift Dzire, which is priced at 500,000-700,000 rupees, sold about 100,000. Toyota Etios is in the same price range as Swift Dzire.)

 In April 2010, new emission regulations that are equivalent to Euro4 emission standards, began to be implemented in big cities in India (Euro3 is introduced in the other parts of India); OEMs are increasingly introducing models with a fuel efficient engine or a diesel-powered engine.

India: Compact passenger cars to be launched from April 2010 to 2013

    Launch
schedule
Equipped engines, sales prices and others
Maruti Suzuki New Wagon R Apr. 2010 The Wagon R was introduced in India in 1999. This is the first full remodeling since its introduction. The Wagon R comes with a 1.0L K10B engine that meets the BS4 (equivalent to Euro4) emission standard. It is priced at 334,000-420,000 rupees. It is initially marketed in India and then is planned to be exported to neighboring countries.
New Swift By the end
of 2011
The new Swift is the 3rd-generation model that is fully updated in June 2010. It has already been launched in Japan and Europe. In order to improve production efficiency, the production of the Swift Dzire sedan will be transferred to the Gurgaon plant by July 2011. Production of the Swift hatchback, which is currently produced at the Gurgaon and Manesar plants, will be concentrated at the Manesar plant in the future. (The Swift is currently priced at 407,000-547,000 rupees. The Swift Dzire is priced at 492,000-711,000 rupees.)
Toyota Etios Dec. 2010 The Etios is a 1.5L sedan. It is priced at 496,000-686,500 rupees. Targeting family users in India, it is developed as one-class higher model. It is produced at the second plant in India. The 2011 sales target is 70,000 a year including hatchbacks.
Etios Liva Jun. 2011 The Etios Liva is a 1.2L hatchback. It was planned to be released in April 2011, which was postponed until June as production of the Etios sedan, for which the company has already received orders (about 27,000. It takes four to six months before delivery) is given priority.
Honda Brio Fall 2011 The Brio is a new compact car for the markets in Asia. Coming with 1.2L i-VTEC engine, it is a 5-door hatchback with an overall length of 3.6m. It can seat five adult passengers. The Brio will be launched in Thailand first in May 2011. It is planned to be priced at 500,000 rupees or less in India.
Nissan Micra Jul. 2010 The Micra comes with a 1.2L gasoline engine. It is priced at 398,000-529,000 rupees. It is produced at a new plant that is jointly constructed with Renault in the vicinity of Chennai. The new plant will initially start production with one production line that is capable of producing 200,000 a year, which is planned to be increased to 400,000 per year in the future. The local-content ratio is 85%. The export to Europe began in October 2010. The model is planned to be exported to more than 100 countries in the future.
Renault-Nissan
Bajaj
Low-priced car 2012 In July 2010, a memorandum of understanding was officially concluded. The low-priced model for India and other emerging countries is designed by Bajaj and Renault-Nissan takes the initiative in sales and marketing.
Renault Compact car 2012 The compact car may share a platform with Nissan. It is said to be produced at the Chennai plant.
Tata Motors Dolphin
(codename)
By 2012 The Dolphin is an 800cc model that falls between the Nano minicar and the Indica hatchback. The model is classified as an A2 (Compact) segment model (which is a second classification from below, following A1 (Mini), in India. The overall length is 3401-4000mm), which is the same as Maruti Suzuki's Wagon R and Hyundai's i10.
Pixel
(concept car)
2013 The Pixel is a compact car for Europe, which is based on the Nano. It can seat four adult passengers. It is slightly longer than 3m. It comes with a 1.2L 3-cyliner turbo diesel-powered engine. The fuel consumption is 3.4L/100km. The CO2 emission is 89g/km. The 'scissor' doors rotate upwards from the front. By reversing the inner rear wheels, the minimum turning radius is decreased to 2.6m.
Fiat New Linea Jun. 2010 The new Linea is a compact sedan. It comes with a 1.4L turbo-charged gasoline engine. The price is 677,000-878,000 rupees.
Compact car End of 2011
or
beginning of 2012
Fiat will independently develop a low-priced compact car instead of joint development with its partner, Tata Motors. Fiat plans to produce the model at Fiat India Automobiles, its joint venture with Tata. The price of the model is 300,000-350,000 rupees.
Hyundai Motor New i10 Sep. 2010 The new i10 is a compact hatchback. It comes with a 1.1/1.2L gasoline engine. It is priced at 354,000-599,000 rupees.
GM New
Chevrolet Spark
Jul. 2010 The new Chevrolet Spark is the first model that GM India introduced after it had become a joint venture between Shanghai Automotive and GM. It comes with a 1.0L gasoline engine or an LPG engine and a 5-speed MT. It is priced at 323,000-431,000 rupees.
VW Skoda
compact car
2012 The model is a compact car priced at 300,000-500,000 rupees.
Source: Announcement by the above companies and news reports (same in the following table)
(Note) The prices of the already released cars are the prices in Delhi unless stated otherwise (same in the following table). In mid March 2011, 1 rupee is about 1.75 JPY.

India: Recently released models and models to be released (passenger cars other than compact cars listed in the above table)

    Launch
schedule
Equipped engines, sales prices and others
Maruti Suzuki Kizashi Feb. 2011 The Kizashi is a midsize sporty sedan. It comes with a 2.4L gasoline engine. The MT model is priced at 1.65 million rupees and the CVT model at 1.75 million rupees. Completed vehicles are imported from Japan. The models that the Kizashi competes with are VW Jetta, Honda Accord, and Skoda Laura.
100% 'Made in
India Car'
2012 The final design is decided in the first half of 2011.
Renault Fluence 2011 The Fluence is a D-segment midsize sedan. It is produced at the Chennai plant that is jointly constructed with Nissan. The models that it competes with are Toyota Corolla and Skoda Laura.
Koleos 2011 The Koleos is an SUV. It is produced at the Chennai plant, its joint plant with Nissan. The model that it competes with is Honda CR-V.
Tata Motors Aria Oct. 2010 The Aria is the first crossover of the Indian OEMs (crossover between sedan and SUV). It has a 3-row seat and comes with a 2.2L diesel-powered engine. It is priced at 1.291 million to 1.55 million rupees. Tata will export the model to Europe in 2011 and then to Central and South America and Asia.
Hyundai Motor New Verna
Transform
Jun. 2010 The new Verna Transform is a midsize sedan. The 1.6L gasoline engine and a 1.5L diesel-powered engine are available. The model is priced at 700,000-900,000 rupees.
New Santa Fe Oct. 2010 The new Santa Fe is a 7-seat SUV. It comes with a 2.2L diesel-powered engine. It is priced at 2.2-2.4 million rupees. Initially, completed vehicles are imported from Korea and if sales are strong, Hyundai will shift to local production in India.
BMW New 5 Series Apr. 2010 The model is a 6th-generation 5 Series. It competes with M-Benz E-Class. It is priced at 3.7-4.2 million rupees.
Daimler A-Class 2012-13 The A-Class is an entry model of a Luxury car. The price is expected to be about 1.6-2 million rupees.
VW Audi Q5 Jul. 2010 The Audi Q5 is a high-end SUV that shares a platform with the A4 Avant. It is produced at Skoda's plant in India.
Audi A1 By 2012 The Audi A1 is Audi's entry model and is a premium compact car.
VW Vento Latter half
of 2010
The Vento is a midsize sedan that shares a platform with the Polo hatchback. It comes with a 1.6L gasoline/diesel-powered engine. It is produced at VW's plant in the vicinity of Pune, Maharashtra in the western part of India. The sales target is 150,000 a year.
Skoda Yeti Nov. 2010 The Skoda Yeti is a compact SUV. It comes with a 1.2/1.8L gasoline engine or a 2L turbo diesel-powered engine. It competes with Mahindra Scorpio and Tata Safari.

 



Japanese OEMs (Suzuki/Toyota/Honda/Nissan)

Suzuki to boost its production capacity to 1.7 million in FY2013 and further to 2 million by FY2014

Suzuki is currently speeding up the expansion of its production in order to maintain its marketshare in India. It started producing 110,000 a month in October 2010, expecting to produce 1.3 million a year in FY2011.
At the end of 2010, the Gurgaon plant has a production capacity of 850,000 a year and the Manesar plant has 350,000. Suzuki is currently constructing two plants with a production capacity of 250,000 a year each in Manesar; one of the plants is scheduled to start operations in 2012 and the other in 2013. Suzuki will have a production capacity of 1.7 million in 2013. The company will increase the annual production capacity of each of the two plants to 1 million in the future, aiming to build a production capacity for 2 million by FY2014.

Source: Suzuki Press Release (March 15, 2011) and others

Suzuki supplies A-Star, which it produces in India, to VW on an OEM basis
In February 2011, Suzuki announced that it intends to supply the A-Star (European name: Alto) to VW on an OEM basis. The two companies formed a comprehensive alliance in December 2009. Suzuki is expected to begin OEM supply in 2012. The A-Star is totally manufactured at Maruti Suzuki's Manesar plant in Haryana.

Source: Nikkan Kogyo Newspaper (February 15, 2011)

Toyota held a groundbreaking ceremony of its engine plant in India

In February 2011, Toyota Kirloskar Auto Parts (TKAP) started the construction of a new powertrain plant in the suburbs of Bangalore, Karnataka. The new plant plans to start production of about 100,000 engines for the Etios a year in the fall of 2012 and 240,000 transmissions for the model per year at the beginning of 2013. The total investment is worth about 9 billion JPY. (TKAP is currently producing MTs for IMV (Innovative International Multi-purpose Vehicle) at its existing plant).

Source: Toyota Press Release (February 24, 2011) and Toyota in India Press Release (March 4, 2011)

Honda to expand facilities at its powertrain plant with an investment of 2.5 billion rupees

In July 2010, Honda Siel Cars India announced that it would invest 2.5 billion rupees (about 4.7 billion JPY) in its powertrain plant for vehicles on the premise of the Tapukara plant, Rajasthan to enhance facilities for powertrain. Production of cylinder heads and cylinder blocks will newly begin at the beginning of 2011, thus pursuing localization further.
The Tapukara plant has produced connecting rods and crankshafts to supply them to a vehicle plant in Greater Noida, Uttar Pradesh. (The construction of the vehicle plant in Tapukara started in July 2007, but is currently being postponed due to weakening demand)

Source: Honda Press Release (July 28, 2010)

Nissan to increase the number of dealers in India to 82 by 2013, selling 100,000

Nissan started selling the Micra at 20 dealers in July 2010 and will increase the number of dealers to 82 by 2013, planning to cover 85% of the market in India. The company will introduce a sedan based on the Micra in 2011 and will increase the lineup to nine models in 2012 including five models that it manufactures locally in India. Nissan is also planning to launch a compact commercial vehicle that it jointly develops with Ashok Leyland starting in 2011. The company will increase sales volume in India to more than 100,000 by 2013.
Renault-Nissan Alliance to start production at its Chennai plant in India
In March 2010, Renault-Nissan Alliance held a completion ceremony for the Chennai plant in India, in which it invested 45 billion rupees (USD990 million). The Chennai plant has a production capacity of 400,000 a year. In May 2010, the plant began producing Nissan's global compact car, the Micra (Japanese name: March). It is scheduled to start production of Renault's Koleos MPV and the Fluence midsize sedan in 2011.
Nissan to produce light-duty commercial vehicles with Ashok Leyland in India
Ashok Leyland Nissan Vehicles Pvt. Ltd., which is a joint venture between Nissan and Ashok Leyland, is planning to produce three models of a commercial vehicle in India. First, production of light trucks will begin at Ashok Leyland Nissan Vehicles' Hosur plant in the second half of 2011. The joint venture will produce 100,000 per year at the Hosur plant. When the Sriperambadur new plant is completed, the annual production is planned to be increased to 190,000 (Currently, the company is awaiting approval for its construction from the State government).

Source: Renault-Nissan Press Release (March 17, 2010) and others

 



Indian OEMs (Tata Motors/Mahindra & Mahindra)

Tata Motors started operations of the exclusive plant for the Nano, beginning selling at dealers

In June 2010, Tata Motors started operations of its exclusive plant for the Nano, in Sanand, Gujarat. The annual production capacity is 250,000, which can gradually be increased to 350,000 in the future.
After the exclusive plant for the Nano started full-scale operations, Tata shifted the subscription sales of the Nano to the regular sale at dealers in October 2010. The delivery of the initial 100,000 sold by subscription sale is completed by the end of 2010.
Tata raised the price of the Nano by an average of 9,000 rupees at the beginning of November 2010. This is a move to offset some of the increase in material price during the past two years. The price is raised excluding the 100,000, which were initially sold by subscription sale (the price was 123,360 rupees for the delivery in New Delhi).

Source: Tata Press Release (June 2, October 4, 5 and 29, 2010)

Mahindra & Mahindra dissolved its joint venture with Renault to continue the Logan business independently

In April 2010, M&M and Renault announced that they would reorganize a joint venture, Mahindra Renault Pvt. Ltd. (MRPL). Renault sold the entire 49% share it holds to M&M. MRPL became a wholly-owned subsidiary of M&M. M&M will continue the Logan business until the end of 2010 by using the brand and logo of Renault, but after a transition period for one and a half years, the model name will be changed to make it a M&M model. M&M is expected to make the model smaller than the current Logan to be applicable to a commodity tax reduction (overall length of 4m or shorter).

Source: Mahindra & Mahindra and Renault's joint Press Release (April 16, 2010)

Mahindra & Mahindra acquired an EV manufacturer, REVA
In May 2010, M&M acquired a 55.2% share of REVA Electric Car Co. Ltd. and renamed it as Mahindra REVA Electric Vehicle Co. Ltd. With this, GM dissolved its alliance with REVA, on which it had reached an agreement in September 2009.

Source: Mahindra & Mahindra and REVA joint Press Release (May 26, 2010), Mahindra & Mahindra Press Release (November 3, 2010)

Mahindra & Mahindra reached a final agreement to acquire Korea-based Ssangyong Motor
In March 2011, M&M concluded an official contract to acquire Korea-based Ssangyong Motor Co. for USD463 million. Of the amount paid for acquisition, USD378 million will be used to acquire new shares and USD85 million to underwrite corporate bonds. M&M will acquire 70% of the share of Ssangyong Motor. Ssangyong Motor mainly produces SUVs. By utilizing M&M's financial power and market development capability and Ssangyong Motor's technology, M&M plans to enhance its presence in the global market.

Source: Mahindra Ssangyong Press Release 2010.11.23, Nikkei Sangyo Newspaper (September 6, 2010), Nihon Keizai Newspaper (November 24, 2010)

 



Hyundai Motor

Hyundai to increase its annual production capacity of its plants in India by improving production efficiency, introducing two to three new models every year

Hyundai will boost the annual production capacity of its two plants in India from 630,000 to 670,000 in 2011 by improving production efficiency. In addition, in order to increase the share of the fast-growing market in India, it intends to introduce two to three new models every year.
Hyundai to transfer production of the i20 for export to EU to its plant in Turkey
Hyundai announced that it would transfer production of the i20 for EU to its plant in Turkey (May 2010). The company will export CKD kits that it produces at the Chennai plant in India and then assembles them in Turkey, which reduces import duties and improves competitiveness in Europe.
Hyundai to build a new diesel-powered engine plant in India
Hyundai announced that it would invest 4 billion rupees during the next three years to construct a new diesel-powered engine plant that is capable of producing 150,000 per year (December 2010). The new plant is scheduled to start operations between 2013 and the beginning of 2014, producing 1.1/1.4/1.6L diesel-powered engines for the market in India. The company plans to use the engines for some of the existing models and new models to be introduced in India in the future.

Source: The Times of India (December 28, 2010) and others.

 



U.S. and European OEMs (GM/Daimler/VW/PSA)

GM sold 50% share of GM India to Shanghai Automotive

In December 2009, GM sold 50% of the ownership of GM India to Shanghai Automotive. In addition, it jointly established with Shanghai Automotive an investment company, General Motors SAIC Investment, in Hong Kong, intending to jointly strengthen its business in Asia including India.
GM strengthens its product lineup significantly in India
GM considers India to be one of the most important markets in the world and will invest USD100 million in the passenger car plant in Halol, Gujarat to raise its production capacity from 85,000 to 105,000. The company will introduce six new passenger car models in the next two years. It is also planning to update the existing 14 models. In addition, GM is said to develop and introduce a model that is less expensive than India GM's current entry model, the Spark, by utilizing Shanghai Automotive's production technology for low-priced vehicles.
GM is also planning to enter the commercial vehicle market. The company is reported to be planning to produce three models including SAIC-GM-Wuling's minivan and models that Shanghai Automotive developed at the Halol plant. GM plans to use not Chevrolet brand for passenger cars, but another exclusive brand for LCVs.
GM started production of engines that it developed locally in India
GM will invest USD230 million to construct a new engine plant in Talegaon, Maharashtra. The initial production capacity is 160,000 a year. In January 2011, production of a 1200cc Smart-Tech gasoline engine began. The company is planning to produce a 1,000cc diesel-powered engine for Chevrolet Beat in the future.

Source: GM Press Release (January 27, 2011) and Nikkan Jidosha Newspaper (January 18, 2011)

Daimler to introduce trucks with GVW of 6-49t in India under a new brand

Daimler India Commercial Vehicles (DICV) invested 44 billion rupees, currently constructing a commercial vehicle plant in Oragadam, Tamil Nadu. The company intends to market the entire commercial vehicle models with GVW 6-49t under a new exclusive brand for India, BharatBenz (Bharat means India), starting in 2012. It will use chassis of Mitsubishi Fuso's Fighter and a carburetor of the Canter for 6-12t light-duty trucks while it develops new-brand medium-/heavy-duty vehicles based on M-Benz model.
First, in the third quarter of 2012, the company plans to launch a 24t vehicle. The initial production capacity is 36,000, which can be increased up to 72,000. The local-content ratio will be 80% to enhance cost competitiveness. The company is eying to export the product to South Africa and Southeast Asia in the future.
Source: Nikkan Jidosha Newspaper (February 25, March 4, 2011) and Nikkan Kogyo Newspaper (February 23, 24 2011)
(Note) Daimler's new brand targets users of products that fall between current super-heavy-duty high-end trucks of M-Benz and Volvo, and low-priced trucks of local manufacturers. Daimler expects that the ratio of such users will increase to 80% in the truck market in India by 2020. In addition, since emission regulations that are equivalent to Euro 4 will gradually be introduced in the future, Daimler says it is highly likely that its trucks with advanced eco-friendly technologies are demanded.

VW to increase its production capacity to 110,000 a year by the end of 2011

VW introduced a second shift at its Chakan plant by September 2010, newly starting production of the Vento sedan. The company will start full-scale operations of the Chakan plant by the end of 2011, planning to build a production capacity of 110,000 a year. VW aims to increase its marketshare from the current 2% to 10% by 2016.
Audi to expand production at Skoda's plant in India to 3,000 a year
In September 2010, Audi India announced a plan to increase production of Audi vehicles at Skoda's plant in Aurangabad, Maharashtra, by 50%, to 3,000 per year. The company will switch to 2-shift production at the plant, building a production capacity of 3,000 in 2011. Currently, Audi is manufacturing the A4, A6, and Q5 in India, and is importing and marketing the A8, Q7, TT, and R8. It increased sales by 81% from 2009 (1,658 in 2009) to 3,003 in 2010 (including imported cars).

Source: Audi India Press Release (January 11, 2011) and others.

PSA to reenter the market in India as it constructs a plant

Amid global recession, PSA has been delaying promotion of its business in India, but in February 2011, it announced a local production plan in India. The first production model is planned to be a midsize sedan under Peugeot brand. The company is currently selecting a site for the plant in Tamil Nadu and Andhra Pradesh. PSA entered the market in India in the first half of 1990s, but withdrew from it in 1997 since it conflicted with its partner.

Source: PSA Press Release (February 9, 2011)

 



India's production and sales grew by about 30% year-on-year from April 2010 to February 2011

 From April 2010 to February 2011, India's vehicle production grew by 28.1% year-on-year to 3.351 million, which includes 2.679 million passenger cars (up 26.3%) and 672,000 commercial vehicles (up 35.6%). Sales in India increased by 29.6% to 2.873 million, which consists of 2.275 million passenger cars (up 29.8%) and 599,000 commercial vehicles (up 28.6%); production and sales increased remarkably. Exports grew by 5.6% to 470,000; exports of passenger cars declined slightly to 402,000, whereas those of commercial vehicles climbed by 72.8% to 68,000. Around October 2010, exports of passenger cars to Europe began to decline.

India's vehicle production, sales, and exports

(units)
FY2005 FY2006 FY2007 FY2008 FY2009 Apr. 2009-
Feb. 2010
Apr. 2010-
Feb. 2011
Domestic
production
Passenger vehicles 1,309,300 1,545,223 1,777,583 1,838,593 2,351,240 2,120,804 2,678,665
Commercial vehicles 391,083 519,982 549,006 416,870 566,608 495,548 672,078
Total 1,700,383 2,065,205 2,326,589 2,255,463 2,917,848 2,616,352 3,350,743
Domestic
sales
Passenger vehicles 1,143,076 1,379,979 1,549,882 1,552,703 1,949,776 1,751,680 2,274,553
Commercial vehicles 351,041 467,765 490,494 384,194 531,395 465,369 598,679
Total 1,494,117 1,847,744 2,040,376 1,936,897 2,481,171 2,217,049 2,873,232
Export Passenger vehicles 175,572 198,452 218,401 335,729 446,146 405,864 402,382
Commercial vehicles 40,600 49,537 58,994 42,625 45,007 39,243 67,818
Total 216,172 247,989 277,395 378,354 491,153 445,107 470,200
Source: SIAM (Society of Indian Automobile Manufacturers)
(Note) 1. FY2009 is from April 2009 to March 2010.
2. "Passenger vehicles" include Passenger Cars, UVs (Utility Vehicles), and MPVs (Multi Purpose Vehicles).

 



(Reference)

Passenger car sales (including UV/MPV) by manufacturer in India

(units)
2005 2006 2007 2008 2009 2010
BMW     1,303 2,905 3,619 6,246
Fiat 1,648 2,115 2,887 4,383 22,757 21,950
Ford 20,412 42,062 39,434 28,564 29,452 83,887
GM 12,165 35,823 60,032 65,702 69,071 110,361
Hindustan Motors 14,323 15,529 12,200 10,411 9,757 10,728
Honda 38,423 56,197 60,386 54,136 62,337 62,872
Hyundai Motor 155,127 186,174 200,412 245,397 289,863 356,717
Mahindra Renault 17,771 18,976 6,456 8,163
Mahindra & Mahindra   88,136 100,645 102,498 143,609 164,496
Maruti Suzuki India 445,448 596,005 710,532 697,850 836,886 1,065,732
Mercedes-Benz India 1,798 1,946 2,294 3,445 3,385 5,819
Nissan         133 7,164
Tata Motors 144,895 218,355 228,038 231,132 260,113 343,695
Toyota 9,782 48,490 54,166 52,807 54,320 74,762
VW Group 8,953 12,202 12,596 16,188 17,225 55,589
Others   8,077 8,134 9,324 6,646 8,647
Passenger car/UV/MPV total 852,974 1,311,111 1,510,830 1,543,718 1,815,629 2,386,828
Commercial vehicles total 586,639 439,174 479,394 436,436 448,557 652,689
Grand total 1,439,613 1,750,285 1,990,224 1,980,154 2,264,186 3,039,517
Source: SIAM (Society of Indian Automobile Manufacturers)
(Note) The figures above are the vehicle sales of the Passenger Vehicles Segment, a broad category, as presented by the SIAM. They are the total of the three sub-segments of (1) Passenger Cars, (2) Utility Vehicles which accommodate up to 12 passengers, and (3) multipurpose vehicles (van type MPVs). The data shows the vehicle sales of those vehicles produced within India except imported vehicles.

<Automotive Industry Portal MarkLines>