19 January 2024

India Passenger Car Sales : 2023









Registrations were up 9% for the year. Not every brand that operates here is listed but only some minor ones are missing. I believe all the bigger brands are wholesale deliveries to dealers and some of the smaller ones listed are retail but that balances out. The 'Diff' column shows market share change. 

The manufacturers clearly are overprotected and I believe the government wants to address that but those benefitting from the protection obviously are wishing for the status quo to remain.  

Suzuki was here from the early days when sales were paltry but now the economy has grown, they have grown with it and now enjoy the benefits of a strong reputation along with offering value. Hyundai and Tata battle it out for the somewhat distant second place. The Tata Tiago is the top picture and the Tata Safari is below the chart).









 

Mahindra (picture of the XUV300 just above) is gaining ground in them, having passed Kia a few years back. Ford and Datsun left last year if you're wondering why there are gaps in the ranking for past years. Isuzu has been around but only recently have the figures being released. Premium marques are doing quite well but from a low base. 

Getting accurate data can be challenging. The JLR was spoken of as being for nine months of sales as if getting the full calendar year of sales wasn't possible. That sort of issue sums up India in many ways. 

Data source: BHP, manufacturers. 

No comments:

Post a Comment