25 January 2023

India Sales : 2022









The data comes from more than one source and that invariably means different ways of tabulating. The larger brands are for factory deliveries to dealers and the smaller ones retail sales. The resulting amalgam is as good as I can get. The '+/- diff' column below is for market share change.

Suzuki's dominance was reduced but hardly an issue when leading by so much. Nearest rival Hyundai lost ground but local brands Tata and Mahindra did very well. Tata outsold Hyundai in December which is unusual and it will be interesting to see if that transpires into a positional change in the ranking for 2023. 

Ford exited the market last year and Nissan ended the Datsun brand this year so the somewhat limited choice the Indian consumer has got that little bit worse. The issue is extremely strong protection for local production through exorbitant tariffs on imports. However, when the local industry is well established as this one now is and the import duty remains, it crosses the line of reasonable protection. 

There were few brands that actually increased their share, the top two are down and most of the smaller brands. Tata and Mahindra are notable exceptions with the former pressing Hyundai hard. Škoda and VW have accelerated their sales. Citroën is making a comeback and how that pans out will be interesting. MINI's sales are based on last year's volume and what BMW/MINI is doing this year.

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