Synopsis
On
(The consumer behavior towards cars in India)
Submitted in Partial Fulfillment of the requirement the Award of degree
of
MASTER OF BUSINESS ADMINISTRATION of Gautam Buddha Technical University, Lucknow By
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Under the Supervision of
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United College of Engineering
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Objectives & Scope
To know the automobile status (share) market in India.
Know the segment of Indian market.
Automotive Trends in India.
Automotive sales statistics.
Prices by segment.
Indian Automotive Market Overview.
Production Figures (2006-10).
Segmented Share of Automobiles (2009-10)
Market Overview.
Market Size and Growth (2006-15).
Luxury Cars: Share of Total Cars Sold (2009).
Luxury Car Segments.
Introduction
The luxury car market is expected to witness strong growth with rising number of foreign players planning expansions in the market. Growing number of young entrepreneurs in India inclined to drive luxury cars is brining about healthy demand for such cars.
The report provides a brief overview of the automotive market in India, the production of passenger vehicles over years and the segmented share of the automobile market. It then elaborates on the Indian luxury car market, market size in units, luxury cars sale as a percentage of the total sales of cars and the various luxury car segments.
An analysis of drivers reveals that growth in high income households, luxury car manufacturers entering pre- owned/used car market, increasing investments in automotive sector and preferred choice of the young and affluent are helping the market grow. The key challenges identified are the affordability of luxury cars and that it pollutes the environment. The report discusses the current market trends as increase in the number of distributors across India, global companies eyeing India as manufacturing base and players diversifying offerings.
The report provides the profile and expansion plans of the players in the market. The report mentions the key developments in the sector.
Literature Review Industry Overview
Automobile Industry
The Indian automobile industry is the tenth largest in the world with an annual production of approximately 2 million units. Indian auto industry, promises to become the major automotive industry in the upcoming years and the industry experts are hopeful that it will touch 10 million units mark.
Indian automobile industry is involved in design, development, manufacture, marketing, and sale of motor vehicles. There are a number of global automotive giants that are upbeat about the expansion plans and collaboration with domestic companies to produce automobiles in India.
The major car manufacturers in India are Maruti Udyog, Hyundai Motors India Ltd., General Motors India Pvt. Ltd., Honda Siel Cars India Ltd., Toyota Kirloskar Motor Ltd., Hindustan Motors etc The two-wheeler manufacturers in India are Honda Motorcycle & Scooter India (Pvt.) Ltd., TVS, Hero Honda, Yamaha, Bajaj, etc. The heavy motors including buses, trucks, auto rickshaws and multi-utility vehicles are manufactured by Tata-Telco, Eicher Motors, Bajaj, Mahindra and Mahindra, etc.
Quick Facts:
y First Indian to own a car in India was Jamshedji Tata. y First woman to drive a car in India was Mrs. Suzanne RD Tata. y The passenger car and motorcycle segment in the Indian auto industry is growing by 8-9 percent. y Commercial vehicle will grow by 5.2 per cent. y The first automobile in India was rolled in 1897 in Bombay. y India is a potential emerging auto market. y Motorcycles contribute 80% of the two-wheeler industry. y Unlike the USA, the Indian passenger vehicle market is dominated by cars (79%). y India is the largest two-wheeler manufacturer in the world. y India's motorcycle segment will grow by 8-9 percent in the coming years. 11. India is the fifth largest commercial vehicle manufacturer in the world. 12. India has the number one global motorcycle manufacturer. 13. In Asia, India is the fourth largest car market.
Market Share
At present major Indian, European, Korean, Japanese automobile companies are holding significant market shares. In commercial vehicle, Tata Motors dominates over 60% of the Indian commercial vehicle market. Tata Motors is the largest medium and heavy commercial vehicle manufacturer.
Among the two-wheeler segment, including scooters and mopeds- motorcycles have- major share in the market. Hero Honda contributes 50% motorcycles to the market in which Honda holds 46% share in scooter and TVS makes 82% of the mopeds in the country. In the three wheeler industry in India, Piaggio holds 40% of the market share. Bajaj is the leader by making 68% of the three-wheelers.
Car manufacturers in India dominate the passenger vehicle market by 79%. Maruti Suzuki is the largest car producer in India and has 52% share in passenger cars and is a complete monopoly in multi purpose vehicles. In utility vehicles Mahindra holds 42% share. Hyundai and Tata Motors is the second and third car producer in India.
Market share segment wise in 2009 -2010
Segment Knowhow
Among the two-wheeler segment, motorcycles have major share in the market.Hero Honda contributes 50% motorcycles to the market. In it Honda holds 46% share in scooter and TVS makes 82% of the mopeds in the country.
40% of the three-wheelers are used as goods transport purpose. Piaggio holds 40% of the market share. Among the passenger transport, Bajaj is the leader by making 68% of the three-wheelers. Cars dominate the passenger vehicle market by 79%. Maruti Suzuki has 52% share in passenger cars and is a complete monopoly in multi purpose vehicles. In utility vehicles Mahindra holds 42% share.
In commercial vehicle, Tata Motors dominates the market with more than 60% share. Tata Motors is also the world's fifth largest medium & heavy commercial vehicle manufacturer.
India Automotive
In the global market, the Indian automotive sector has carved a niche for itself. Major European and US automotive giants, such as BMW and Daimler Chrysler, are recognizing and giving due importance to the Indian vehicles and components. Increasing disposable incomes of the young professionals coupled with low EMI values are providing the required impetus and making these vehicles more affordable for the common masses. As the global players are largely investing on passenger vehicles, the Indian counterparts are trying very hard to be in the business by investing huge on R&D and working towards overall growth and efficiency.
There has been detailed necessary measure to make India the world's manufacturing hub. Furthermore, the Ministry of Heavy Vehicles has come forward with its plan for the period of 2006-2016 which is expected to Revamp the automobile industry and increase its turnover by fourfold. This mission plan would take into its consideration all the sectors of the society while giving more importance to the lower sections in rural India.
In the recent past, more than a dozen multi-national firms have shown their interest to enter the Indian territories and collaborated in Indian car manufacturers. To buy car either used cars or new cars; car owners have a number of options. There are car dealers that have car rentals and sell a car. It helps potential buyers to search cars as per the car prices.
While most of them have chosen to strike the right notes by forming joint ventures with the Indian firms, there are some like Hyundai and a few others which have decided to remain fully owned units. Having an exponential growth potential, the Indian automotive industry is expected to witness more mergers between the auto component manufacturers and suppliers in the coming years. On the flip side, most of these new entrants might not enjoy the kind of relationship with suppliers and scale economies that Maruti does, so they have decided to keep aloof from waging a war with Maruti's $5,500 small car segment.
Rather they have shifted their focus on producing high end vehicles between the price ranges of $20,000 to $50,000. However, the toughest competition is expected to come from the mid-sized car segment (1300 cc and above), where many Indian and foreign automobile giants are planning to lock horns. Although the planned capacities of these companies exceed the projected demands and the cars are ranged competitively at nearly $12,000, the multinationals are surely betting on the growing disposable incomes of the Indian middle class.
For example, Daewoo's Cielo which is priced at $15000 and has been produced in association with DCM (an Indian firm), drew 76,000 advance bookings last year which is an indication of the growing demand that is taking its roots in the Indian automotive industry.
Cars in India
Cars charm one and all, be it a new car or a used one. They are in many colors, many varieties and models of cars on sale. The craze for cars never seems to end. In fact the car market is swamped with all segments of cars viz. sports cars, big cars, small cars, rental cars, cheap cars and many others. Even in developing countries like India, the car market has witnessed tremendous growth in the recent years. As a result the competition among the car manufacturer is also increasing and they are finding innovative ways of capturing the market. Indian auto industry has revved up and is making its impact felt. The small car segment in India has attracted the most attention. Maruti 800, one of the first city cars, manufactured by Maruti Udyog Ltd in India, is the largest selling car in India. There are lots of people trying to make most of it.
Small cars are classified according to the price range which varies from 1 to 3 lakhs. It has the capacity to carry 4 passengers- 2 adults, 2 children. These are basically entry level cars which are preferred by service group and middle income group.
These cars are basically manufactured by - Maruti Udyog and Reva. While companies like Volkswagen and Reva are yet to launch their models in the market. COMPANY MODEL VARIANT
Ford Motor Ford Figo Maruti Suzuki Alto Flash Limited
Edition
Maruti Suzuki Cervo
Maruti Alto y Alto y Alto Lx y Alto Lxi y Maruti Alto K10 LXI
Maruti Suzuki India Ltd.
Maruti 800 y Maruti 800 STD BS III y Maruti 800 AC BS III y Maruti 800 Duo
Maruti Omni y 5 seater Maruti Omni y 8 seater Maruti Omni y LPG Maruti Omni
Nissan Motor Co. Ltd Nissan Micra
Reva y Reva AC y Reva Standard y Reva Electric Car Co. Reva Class y Reva
Tata Nano
Tata Motors
Tata Magic
Mid size cars
A mid size car is referred to as an automobile with a size between that of compact and full size cars. The price range of mid size cars lies between Rs 3 to 8 lakhs. The mid size cars have the capacity to carry 4 passengers- 2 adults and 2 children. The credit of manufacturing of these cars goes to companies¶ like- Fiat India, Ford, General Motors, Hindustan Motors, and Hyundai motors, Maruti Udyog, San Motors and Tata Motors. While the companies like- Ford, Hyundai, General Motors and Mahindra & Mahindra are yet to launch their models under this segment. This model basically target executive class.
COMPANY MODEL VARIANT
Ambassador y Petrol o 1800 ISZ MPFI y Diesel Hindustan Motors o 1.5 E2 DSL o Classic 2000 DSZ y CNG/LPG o 1.5 E2 CNG/LPG o 1800 ISZ with CNG/LPG
Avigo
Grand
Chevrolet Beat
Chevrolet Aveo y Aveo 1.4 E y Aveo 1.4 y Aveo 1.4 LS y Aveo 1.6 LT
Chevrolet Aveo U-VA y Aveo U-VA 1.2
Chevrolet y Aveo U-VA 1.2 LS y Aveo U-VA 1.2 LT
Chevrolet Spark y Spark 1.0 E y Spark 1.0 y Spark 1.0 LS y Spark 1.0 LT
Fiat Linea
Fiat Palio y Fiat Diesel o Fiat Palio 1.9 EL o Fiat Palio 1.9 ELX y Fiat Petrol o Fiat Palio 1.2 NV- ELPS o Fiat Palio 1.2 NV- ELX
y Palio Stile 1.1 SL o Palio Stile 1.1 SLX Fiat India o Palio Stile 1.1 SLE y Palio Stile 1.6 Sport
Fiat Petra y Fiat Petra Petrol o 1.6 EL PS o 1.6 ELX y Fiat Petra Diesel o Petra 1.9 EL PS o Petra 1.9 ELX
Fiat Grand Punto y Ford Ikon Ford Ikon 1.3 Rocam y Ford Motors Ikon 1.4 DuraTorq TDCi y Ford Fiesta Fiesta Duratec 1.6 EXI y Fiesta Duratec 1.6 ZXI y Fiesta Duratec 1.6 SXI y Fiesta 1.6 S y Fiesta Duratorq 1.4 SXI y Fiesta Duratorq 1.4 ZXi y Fiesta Duratorq 1.4 EXi
Honda Motors Honda Jazz
Hyundai i20 Era
Hyundai i20 Sportz
Hyundai i10 y Hyundai 1.1 iRDE y Hyundai i10 Kappa
Hyundai i20 y Hyundai i20 MAGNA y Hyundai i20 ASTA y Hyundai i20 ASTA (O)
Hyundai Accent Eco
Hyundai Accent y Accent GLE y Accent GLS y Accent Viva y Accent Viva CRDi y Accent CRDi
Hyundai Getz Prime y Getz Prime 1.1 GLE y Getz Prime 1.1 GVS Hyundai Motor Co. y Getz Prime 1.3 GLS y Getz Prime 1.3 GLX
Hyundai Elantra y Elantra GT y Elantra CRDi y Elantra GLS
Hyundai Santro y Santro XK y Santro XK (Non AC) y Santro XL y Santro XO y Santro AT y Santro CNG
Hyundai Verna y Verna i (Petrol) y Verna Xi (Petrol) y Verna XXi (Petrol) y Verna CRDi VGT Mahindra Renault Logan y Petrol o GL 1.4 o GLE 1.4 o GLX 1.4 o GLS 1.6
Mahindra & Mahindra Co. y Diesel o DLE 1.5 dci o 1.5 DLX o DLS 1.5 dci
New Maruti Suzuki Wagon R
Maruti Suzuki Concept R3
Maruti Suzuki Ritz
Maruti Zen Estilo y Zen Estilo Lx y Zen Estilo Lxi y Zen Estilo Vxi
Maruti WagonR y WagonR Lx y WagonR Lxi y WagonR Vxi y WagonR Ax y WagonR Duo
Maruti Versa y 5 seater y 8 seater ( DX & DX2)
Maruti Esteem y Esteem Lx
Maruti Suzuki India Ltd. y Esteem Lxi y Esteem Vxi
Maruti Baleno y Baleno Sedan VXi y Baleno Sedan LXi
Maruti Swift y Swift LXi y Swift VXi y Swift ZXi y Swift Diesel'Ldi' y Swift Diesel 'Vdi'
Maruti Suzuki Zen Estilo Sports
Maruti Suzuki SX4 y Maruti SX4 Vxi y Maruti SX4 Zxi
Maruti A-Star
Swift DZire
General Motors Opel Astra Opel Corsa
Tata Indigo Manza
Tata Indica y Tata Indica Vista
y Tata Indica V2 o DLS o DLE y Tata Indica V2 Xeta o GL o GLX o GLG o GLS o GLE y Tata Indica V2 Turbo o DLS o DLG o DLX Tata Motors y Tata Indica V2 Dicor o DLS o DLG
Tata Indigo XL
Tata Indigo y Petrol Variants o Indigo GLS o Indigo GLX y Diesel Variants o Indigo LX o Indigo LS
y Tata Indigo LS Dicor y Tata Indigo LX Dicor
San Motors San Storm 1.2
Volkswagen Polo Volkswagen
Premium Cars
Premium cars falls within the price range of Rs 7 to 15 lakhs. They have the capacity to carry 5 passengers. These cars mainly target higher income group.
Premium cars have been launched by the companies like- Audi India, Ford motors, General Motors, Honda City, Hyundai motors, Skoda Auto, Mitsubishi and Toyota motors. And the companies like- Audi, Ford, General Motors, Honda City and Skoda Auto are yet to launch their models under this segment.
COMPANY MODEL VARIANT
Audi A4 y Saloon y S4 Audi AG y RS4 Audi A6 Saloon
Audi A8 y A8 y A8L y 12 CYLINDER A8 y S8
Audi TT
Chevrolet Cruze Automatic
Chevrolet Cruze
Chevrolet Optra y 1.6 Elite y 1.6 LS Elite y 1.6 LT Royale y 1.8 LT Chevrolet y 1.8 LT AT
Chevrolet Optra Magnum y Optra Magnum 2.0 MAX TCDi y Optra Magnum 2.0 LS TCDi y Optra Magnum 2.0 LT TCDi
Ford Motors Ford Mondeo Ghia Duratec
Honda Accord y Accord VTi ± L M/T y Accord VTi ± L A/T y Accord V6
Honda City y Honda City E y Honda City S Honda Motors
Honda Civic y Civic 1.8S MT y Civic 1.8S AT y Civic 1.8V MT y Civic 1.8V AT y Civic Hybrid
Hyundai Sonata y Embera 2.4 M/T y Embera 2.4 A/T
Hyundai Motors y Embera H-Matic
New Maruti Suzuki SX4
Maruti Suzuki India Ltd
Mitsubishi Lancer y 1.5L Petrol y 2.0L Diesel Mitsubishi Motors y 1.8 L Petrol (automatic)
Mitsubishi Lancer Cedia y Lancer Cedia y Lancer Cedia Sports
Nissan 370Z
Nissan Motor Co. Ltd
Nissan Teana Nissan GT-R
Skoda Fabia y Fabia Ambiente 1.2 MPI HTP y Fabia Elegance 1.4 TDI PD y Fabia Elegance 1.4 MPI
Skoda Laura y Skoda Laura Ambiente y Skoda Laura Elegance y Skoda Laurin & Klement
Skoda Octavia Classic y L & K y Skoda RS 1.8 Turbo Skoda Auto y Elegance 1.9 TDI y Automatic y Rider 1.8 Turbo y Rider 1.9 TDI
Skoda Octavia Combi y L & K y RS
Skoda Superb y 2.8 litre Petrol y 2.5 litre Diesel
Toyota Camry y 2.4 L (A/T) y 2.4 L (M/T)
Toyota Corolla y Toyota Motors Corolla 1.8 E y Corolla 1.8 G y Corolla 1.8 J y Corolla Altis
Maruti Suzuki Cervo Tata Indigo e-CS
Tata Indigo CS y Indigo CS GLE y Indigo CS GLS
Tata Motors y Indigo CS GLX y Indigo CS LE(TDI) y Indigo CS LX(TDI) y Indigo CS LS(TDI) y Indigo CS LX(TDI) Volkswagen Polo
Volkswagen Passat
Volkswagen Volkswagen Touareg
Volkswagen Jetta
Volkswagen Beetle
Luxury Cars
A Luxury car is a styled, luxurious automobile intended for comfort and satisfaction of its owner or driver, sacrificing passenger space, cargo capacity and other practical concerns for the sake of style.
The luxury cars are very expensive and its price range is above Rs 20 lakhs. Hence these cars are affordable and are preferred by high income group.
Luxury cars have the capacity to carry at the most 6 passengers. The companies like- BMW, Daimler Chrysler, Porsche , Rolls Royce manufacture these cars and companies like -Aston Martin and General Motors are still planning to launch their models in the market under this segment.
COMPANY MODEL VARIANT
Hyundai Motors Hyundai Santa Fe
Mitsubishi Mitsubishi Lancer Evo X
Audi A6 Limited Edition
Audi AG
BMW Z4 Roadster 2009
BMW y BMW 530i y BMW 760Li
BMW-3s
BMW-5s y New BMW 5 Series Sedan y BMW 5 Series Sedan y BMW 5 Series Security
BMW BMW-6 Series y BMW 6 Series Coupé y BMW 6 Series Convertible
BMW-7 Series y BMW 7 Series Sedan y BMW 7 Series High Security
BMW X3
BMW X5
BMW-M y BMW M3 Coupé y BMW M3 Convertible y BMW M5 Sedan y BMW M6 Coupé y BMW M6 Convertible
Bentley Arnage y Bentley Arnage T y Bentley Arnage R y Bentley Arnage RL
Bentley
Bentley Continental y Continental GT y Continental Flying Spur
Fiat 500
Fiat India
Lamborghini y Murcielago y Gallardo
Lamborghini y Gallardo Spyder
Mercedes Benz E Class Cabriolet
Mercedes Benz S-Guard
Mercedes Benz E250
Mercedes Benz y Mercedes Benz C class o C 200 Kompressor o Mercedes-Benz C 220 CDI y Mercedes Benz Cl class o CL 500 Mercedes Benz o CL 600 y Mercedes Benz Cls class y Mercedes Benz E class o E 280 o E 200 Kompressor o E 280 CDI y Mercedes Benz S 350 L y Mercedes Benz ML 350
Porsche Panamera
Porsche y Porsche 911 Carrera y 911 Carrera S y Cayman S y Boxster S
Rolls Royce Rolls Royce Ghost Rolls Royce Phantom V 12 y Phantom Coupe
Volvo Volvo V70
New Volvo S80
Volvo
Volvo S80
Volkswagen Phaeton
Volkswagen Beetle
Volkswagen
Sports Utility Vehicle
Utility vehicles are rapidly capturing the market due to its multifarious use. Utility vehicles are found in two kinds: - Sport Utility Vehicle or Sports Utility Vehicles (SUV) and Multi Utility Vehicles (MUV). SUV in India has a large market base, and the demand is growing exponentially with time.
The spacious interior and sturdy exterior of a sport utility vehicle have made this category of utility vehicles one of the fastest selling vehicles in India. SUV is multi use vehicle, used to accommodate many passengers in one vehicle. No wonder, SUVs are preferred over other vehicles while going on a long trip with family members and friends. SUV in India, especially the sport utility van has always remained one of the most favorite family cars of the car owners in the country.
The name sport utility vehicle itself suggests why SUV vehicles have a huge fan following all over the world. Their sporty attributes make them look truly appealing, and for everyone who has a thing for sporty cars in India, SUV cars are the foremost choice. Go through any sport utility review, and it will say the road performance and mileage of a sport utility wagon or a sport utility trailer is surely one the best amongst all vehicle categories.
The domestic market for sport utility vehicle is huge in India. There are many manufacturers of SUVs. To name a few manufacturers of SUV in India- Fiat India, Ford Motors, Force Motors, General Motors, Hyundai Motors, Hindustan Motors, Mahindra & Mahindra, Nissan, Porsche, Tata Motors, Toyota Motors etc. are the most well- known ones.
As per all industry sourced sport utility vehicle reviews, the all time best sport utility vehicles of India are Tata Safari, Mahindra Scorpio, Maruti Suzuki Grand Vitara, Chevrolet Captiva, Ford Endeavour, and Mitsubishi Outlander. Porsche Cayenne, Mitsubishi Pajero, Honda CR-V, and Audi Q7 are few of the versatile new SUV vehicles that are also hugely favored by Indian car lovers.
Recently crossover SUV vehicles are making great waves in the automobile scenario. This page provides all the detailed information about the new sport utility vehicle as well as the used sports utility vehicle. Buy an SUV for the ultimate driving experience.
COMPANY MODEL VARIANT
Mercedes Benz Cars Mercedes R-Class Mercedes M Class Grand Edition Mercedes Benz Cars
Audi Q5
Audi AG
Audi Q7
Fiat India 1.6 Sport Adventure
Ford Endeavor y Ford Endeavor 4x2 XLT y Ford Endeavor 4x4 XLT y Ford Endeavor 4x2 XLT Limited Edition
Ford Fusion y Fusion 1.6 Duratec Petrol y Fusion 1.4 TDCi Diesel y Fusion Plus Petrol Ford Motors y Fusion Plus Diesel
Force y Kargo King y Judo y Trax Gama Classic DT- EII y Short wheel base- 5 door, Force Motors 2400 mm y Cruiser Classic y Challenger
Chevrolet SRV y Chevrolet SRV 1.6 y Chevrolet SRV 1.6 with
Chevrolet Option Pack
Chevrolet Captiva
General Motors Chevrolet Tavera y Tavera B1 y Tavera B2
Chevrolet Tavera Neo y Neo LS-B3 y Neo SS-D1
New Honda CR-V
Honda CRV y Honda City CRV - Manual y Honda City CRV - Automatic
Honda Motors
Trekker
Hindustan Motors
Pushpak
Hyundai Santa Fe
Hyundai Terracan
Hyundai Tucson
Hyundai Motors
K Maruti Suzuki izashi
Grand Vitara Maruti Suzuki Grand Vitara 2.4
Maruti Suzuki India Ltd.
Maruti Gypsy y Hard top y Soft top
Mahindra Bolero y Bolero SLX
Mahindra & Mahindra y Bolero SLE y Bolero DIZ y Bolero DI y Bolero PLUS
Mahindra Scorpio y Scorpio Petrol o Turbo 2.6 o Turbo 2.6 DX o Turbo 2.6 GLX o Turbo 2.6 SLX y Scorpio Diesel o Turbo 2.6 o Turbo 2.6 DX o Turbo 2.6 GLX o Turbo 2.6 SLX y Scorpio Turbo Diesel CRDe o Turbo 2.6 o Turbo 2.6 DX o Turbo 2.6 GLX o Turbo 2.6 SLX
y Mahindra Scorpio Automatic o Vls o Vlx
Mahindra Xylo y E2 y E4 y E6 y E8
Mahindra CL Range
Mahindra MM Range y Mahindra MM 500/550 DP y Mahindra MM 500/550 XDB y Mahindra MM 540 DP y Mahindra MM ISZ- Petrol Soft top
Mahindra Hard Top Range y Mahindra Economy y Mahindra Marshal DI y Mahindra 775 XDB y Mahindra 3 Door Hard Top y Mahindra 5 Door Hard Top y Marshal 2000 Deluxe y Marshal Deluxe Royale
Mahindra CNG-3 Door
Mahindra Voyager
Mahindra Scorpio Hybrid Mitsubishi Montero
Mitsubishi Motors Mitsubishi Outlander
Mitsubishi Pajero
Nissan X-Trail y Comfort y Nissan Motor Co. Ltd Elegance
Porsche Cayenne y Cayenne y Cayenne S y Porsche Cayenne Turbo y Cayenne Turbo S
Tata Aria
Range Rover 2010 Model
Land Rover FreeLander 2
Tata Safari Dicor y Safari DICOR VX y Safari DICOR EX y Safari DICOR LX y Safari DICOR 2.2 VTT
Tata Motors Sumo Grande MKII
Tata Sumo y Sumo Victa y Sumo SE+ Tata Motors y Sumo SE 4*4 y Sumo 4*4 y Sumo Spacio ST y Sumo Spacio y Sumo Grande
Tata Indigo Marina y Indigo Marina LS-Diesel y Indigo Marina -Petrol o Indigo Marina GLS o Indigo Marina GLX y Indigo Marina LX Dicor
Toyota RAV4
Toyota Innova y Innova E o Innova E 2.0L Petrol o Innova E 2.5L Diesel y Innova G o Innova G1 2.0L Petrol
Toyota Motors o Innova G2 2.5L Diesel y Innova V o Innova V 2.0L Petrol o Innova V 2.5L Diesel
Toyota Prado Diesel Toyota Prado
Toyota Qualis
Toyota Fortuner
Sonalika Rhino RX
Volvo Volvo XC90
Volvo XC60
Volvo
Hatchback Cars
Hatchback cars are those cars that have an access to the interiors once the rear door is open and also the luggage space is integrated with the passenger cabin and the rear seat can be folded or removed to increase the luggage space. The two row seater small compact cars are categorized as Hatchback cars. Due to its low pricing, better mileage, low maintenance and most importantly perfect for drive in city's heavy-traffic, it has become the most selling car segment.
Hatchbacks occupy fewer parking spaces and are suitable for the metros where parking space is a major problem and also convenient for women drivers. Series of face lifted hatchback cars in India been launched and many more are yet to be launched. It seems the car manufacturers are aiming to revamp the entire small car or the hatchback segment. Comparing to last year, the new models of small cars has almost doubled this year. Even the car manufacturer of the luxury segment is now entering the hatchback segment.
COMPANY MODEL VARIANT
Audi A7
Audi Cars
Chevrolet Spark y Spark 1.0 E y Spark 1.0 y Chevrolet Spark 1.0 LS y Spark 1.0 LT
Fiat Bravo
Fiat Palio Stile y Palio Stile 1.1 SL Fiat o Palio Stile 1.1 SLX o Palio Stile 1.1 SLE y Palio Stile 1.6 Sport
Fiat Diesel y Fiat Palio 1.9 EL y Fiat Palio 1.9 ELX
Fiat Petrol y Fiat Palio 1.2 NV-ELPS y Fiat Palio 1.2 NV-ELX
Fiat Grand Punto Petrol Fiat Grande Punto Diesel Fiat 500
Opel Astra
Ford Motors
Opel Corsa
General Motors Corp.
Hyundai Santro y Santro XK y Santro XK (Non AC) y Santro XL y Santro XO y Santro AT y Santro CNG
Hyundai i20 Era
Hyundai i10 y Hyundai 1.1 iRDE
Hyundai Motors y Hyundai i10 Kappa
Hyundai i20 y Hyundai i20 MAGNA y Hyundai i20 ASTA y Hyundai i20 ASTA (O) y Hyundai i20 Era y Hyundai i20 Sportz
Hyundai i20 Sportz
Mitsubishi Colt
Mitsubishi Cars
Mitsubishi MiEV-car
Maruti Suzuki Ritz Genus
Maruti Suzuki India Ltd. Maruti Alto y Alto y Alto Lx y Alto Lxi y Alto K10 LXI
Wagon R y WagonR Lx y WagonR Lxi y WagonR Vxi y WagonR Ax y WagonR Duo y New Wagon R
Maruti Zen Estilo y Maruti Zen Estilo Lx y Maruti Zen Estilo Lxi y Maruti Zen Estilo Vxi y Maruti Zen Classic
Maruti Suzuki Ritz
Maruti A-Star
Maruti 800 y Maruti 800 STD BS III y Maruti 800 AC BS III y Maruti 800 Duo y Maruti Suzuki Alto Flash Limited Edition y New Maruti Suzuki Zen Estilo y Maruti Suzuki Concept R3
Nissan Micra
Nissan Motor Co. Ltd
Indica Vista Ignis
Tata Motors Tata Indica V2 Turbomax
Tata Nano
Skoda Fabia y Fabia Ambiente 1.2 MPI HTP y Fabia Elegance 1.4 TDI PD Skoda Auto India Pvt Ltd. y Fabia Elegance 1.4 MPI
New Skoda Fabia
Volvo Car Volvo c30
Volkswagen Polo Petrol
Volkswagen Cars
Volkswagen Polo Diesel
Sedan Cars
The main features of Sedan cars include bigger chassis dimensions, seating space and luggage space included in single body shell. Sedan are the mid size cars having more row seats with passenger capacity of four or more. A sedan model has more than four doors with separate boot or luggage space at the rear. Basically sedan car means the cars with more boot space and entirely different section from the passenger's cabin. In cars sedan is synonymous to luxury. Sedan cars are the blend of comfort, luxury, elegance and stunning interior with high end safety features. There are endless high end luxury cars in the same segment. The demand of sedan cars are increasing rapidly in India which is the main reason many foreign car manufactures target India as a launching pad for these luxury cars. The major players in this particular segment are Honda, Skoda, Volkswagen, Ford and Hyundai.
COMPANY MODEL VARIANT
Mahindra & Mahindra Ltd. Renault Megane
Aston Martin Aston Martin Rapide
Audi AG Audi A4 Saloon S4 RS4
Audi A8 y A8 y A8L y 12 CYLINDER A8 y S8
Audi A6
Audi A6 Limited Edition
Chevrolet Chevrolet Optra Magnum y Chevrolet Optra Magnum 2.0 MAX TCDi y Chevrolet Optra Magnum 2.0 LS TCDi y Chevrolet Optra Magnum 2.0 LT TCDi
Chevrolet Optra y 1.6 Elite y 1.6 LS Elite y 1.6 LT Royale y 1.8 LT y 1.8 LT AT
Chevrolet Cruze Chevrolet Aveo U-VA y Aveo U-VA 1.2 y Aveo U-VA 1.2 LS y Aveo U-VA 1.2 LT
Chevrolet-Aveo y Aveo 1.4 E y Aveo 1.4 y Aveo 1.4 LS y Aveo 1.6 LT
Chevrolet SRV y Chevrolet SRV 1.6 y Chevrolet SRV 1.6 with Option Pack
Ford Ford Focus
Ford Ikon y Ford Ikon 1.3 Rocam y Ikon 1.4 DuraTorq TDCi
Ford Fiesta y Fiesta Duratec 1.6 EXI y Fiesta Duratec 1.6 ZXI y Fiesta Duratec 1.6 SXI y Fiesta 1.6 S y Fiesta Duratorq 1.4 SXI y Fiesta Duratorq 1.4 ZXi y Fiesta Duratorq 1.4 EXi
Ford Mondeo Ghia Duratec
Fiat India Pvt Ltd Fiat Linea Fiat Linea T-Jet
Fiat Petra Petrol y 1.6 EL PS y 1.6 ELX
Fiat Petra Diesel y Petra 1.9 EL PS y Petra 1.9 ELX
General Motors Cadillac CTS
Hindustan Motors Ambassador y Petrol o 1800 ISZ MPFI y Diesel o 1.5 E2 DSL o Classic 2000 DSZ y CNG/LPG o 1.5 E2 CNG/LPG o 1800 ISZ with CNG/LPG y Avigo y Grand
Honda Accord y Accord VTi ± L M/T y Accord VTi ± L A/T y Accord V6
Honda Civic y Civic 1.8V MT y Civic 1.8V AT y Civic 1.8S MT y Civic 1.8S AT y Civic Hybrid
Honda City y Honda City E y Honda City S
Hyundai Motor Co. Hyundai Accent y Accent GLE y Accent GLS y Accent Viva y Accent Viva CRDi y Accent CRDi
Hyundai Getz Prime y Getz Prime 1.1 GLE y Getz Prime 1.1 GVS y Getz Prime 1.3 GLS y Getz Prime 1.3 GLX
Hyundai Santro y Santro XK y Santro XK (Non AC) y Santro XL y Santro XO y Santro AT y Santro CNG
Hyundai Verna y Verna i (Petrol) y Verna Xi (Petrol) y Verna XXi (Petrol) y Verna CRDi VGT Hyundai i40
Hyundai Avante
Jaguar Cars Jaguar XJ
Jaguar XF
Maruti Suzuki India Ltd. Maruti Esteem y Maruti Esteem Lx y Maruti Esteem Lxi y Maruti Esteem Vxi
Baleno y Baleno Sedan VXi y Baleno Sedan LXi
Maruti SX4 y Maruti SX4 Vxi y Maruti SX4 Zxi
Swift y Swift LXi y Swift VXi y Swift ZXi y Swift Diesel'Ldi' y Swift Diesel 'Vdi'
Mahindra & Mahindra Co. Mahindra Renault Logan Petrol y Petrol o GL 1.4 o GLE 1.4 o GLX 1.4 o GLS 1.6
Diesel DLE 1.5 dci 1.5 DLX DLS 1.5 dci
Mahindra Renault Logan Diesel
Mitsubishi Motors Mitsubishi Lancer Evo X
Mitsubishi Lancer y 1.5 Petrol y 2.0L Diesel y 1.8 L Petrol (automatic)
Mitsubishi Lancer Cedia y Lancer Cedia y Lancer Cedia Sports
Nissan Motor Co. Ltd Nissan Livina
Nissan Teana Skoda Auto India Pvt Ltd. Skoda Laura y Skoda Laura Ambiente y Skoda Laura Elegance y Skoda Laurin & Klement
Skoda Octavia Classic y L & K y Skoda RS 1.8 Turbo y Elegance 1.9 TDI y Automatic y Rider 1.8 Turbo y Rider 1.9 TDI
Skoda Octavia Combi y L & K y RS
Skoda Superb y 2.8 litre Petrol y 2.5 litre Diesel
Tata Motors Cars Tata Elegante
Tata Indigo e-CS
Tata Indigo CS y 2.8 litre Petrol y 2.5 litre Diesel
Tata Indigo Marina y Indigo Marina LS-Diesel y Indigo Marina -Petrol o Indigo Marina GLS o Indigo Marina GLX y Indigo Marina LX Dicor
Tata Aria y 2.8 litre Petrol y 2.5 litre Diesel
Tata Indica y Tata Indica V2 o DLS o DLE y Tata Indica V2 Xeta o GL o GLX o GLG o GLS o GLE y Tata Indica V2 Turbo o DLS o DLG o DLX y Tata Indica V2 Dicor o DLS o DLG K Toyota irloskar Motors Toyota Etios
Toyota Camry y 2.4 L (A/T) y 2.4 L (M/T)
Toyota Corolla y Corolla 1.8 E y Corolla 1.8 G y Corolla 1.8 J y Corolla Altis
Toyota Prius Hybrid
Toyota Lexus ES 350
Volkswagen Cars Volkswagen Passat
Volkswagen Jetta
Volkswagen Beetle
Volkswagen Vento
Market analysis
India Passenger Car Market Analysis
India represents one of the world¶s largest and fastest growing automobile markets. De-licensing in 1991 brought revolutionary changes in the industry and provided well-deserved and timely growth impetus to the industry. This attracted foreign auto giants to set up their production facilities in the country in a bid to take advantage of various benefits offered by the industry. Large middle class population, improving income levels and strong technological capability have been boosting automobile demand in the country for past few years. Even in the wake of economic slowdown, the industry sustained its positive growth momentum mainly because of strong domestic demand for passenger cars.
According to our new research report ³India Passenger Car Market Analysis´, the passenger car market, which constitutes around 7 8.5% of passenger vehicle sales (in FY 2010), has immense growth potential as passenger car stock stood at around 11.6 per 1,000 people in 2009. Realizing booming passenger car demand in the country, many domestic and foreign automobile giants are formulating capacity expansion strategies, and billions of dollar worth of investments are already in pipeline. Considering huge market potential, production of passenger cars is projected to grow at a CAGR of around 11% between 2010-11 and 2013-14.
The recent launch of Tata Nano has brought about a new revolution in the country¶s small car segment. Seeing the good initial response from consumers, many other players in the industry are chalking out their plans to launch cars in this segment in the next few years. In fact, the compact and mini passenger car segments are fast becoming the primary source of revenue generation for both domestic and international manufacturers due to the strong fundamentals of large number of middle class consumers and rising fuel prices.
³India Passenger Car Market Analysis´ is an outcome of extensive research and thorough analysis of the Indian passenger car industry done by our experienced team of industry experts. A comprehensive evaluation of production, sales, exports and capacity installation trends has been covered in the report. Each section succinctly explains the current and future market trends and ongoing developments in the Indian passenger car market. In addition, a brief overview of prominent market players has also been included in the competitive landscape section. The section includes business description, strategies and recent developments of the key market players, which will provide our clients a competitive advantage
Automotive trends
We are all well aware of the fact that, for decades the Indian automobile industry was way behind some of the most influential economies in the world like USA and Japan. The Indian automobile industry, though in its nascent stage, is expected to set the ball rolling in the Indian Economy as well. Coming to the automotive trends, today, the Indian automobile industry is one of the most vibrant, modern and upbeat automobile markets in the world. It is also the second largest two-wheeler market in the global map. With the emergence of the financially sound middle class, the four-wheeler segment is set for tremendous growth and one can expect of more impetus to the economy from this sector. No wonder then that this industry has become the centre of attraction for most of the global automotive giants the world over.
The factors playing a key role in the Indian automobile industry trends are as follows:
y Government: Unlike in the past, the Indian Government has gone through a total role reversal by becoming the enabler rather than the controller. In the recent past it has started providing better infrastructure, conducive atmosphere to attract investments and implementing growth oriented economic policies. y Competition: With the coming of the multinationals, an immense pressure has grown on the Indian companies. As a result, a lot of joint ventures have taken place, some others have invested heavily on R&D to build their own empires and the rest have perished. y Customer: Armed with higher buying power and an ever increasing expectation from products and services, the customer is undoubtedly the king and has prOpelled a fierce competition among the major players in the market. y Pollution and Safety Norms: cars as well as two-wheelers have met the most stringent international norms of pollution. Euro II vehicles have become the norm of the day all over India. Unfortunately, in the Indian context, safety in motor vehicles is a relatively neglected area. Bad roads coupled with the absence of adequate safety features in the vehicles such as airbag and crumple zone needs immediate attention. But awareness is on the increase and the use of seat belts while driving has been made mandatory. y bikes: Keeping apace with the global trends the two-wheeler segment has witnessed tremendous growth both qualitatively and quantitatively. bikes with higher engine capacities have done commendably well on the Indian roads. bike styling and fuel efficiency has also seen major developments.
In short, the Indian automotive industry is set for exponential growth in the future.
Automotive Sales Statistics
Almost all the automotive majors in India have registered a significant surge in their sales figures in the year 2007 with the coming of fuel efficient, swanky and ergonomically designed vehicles. To have a clear idea about the automotive sales industry in India let us consider the figures for a particular month, say January. In January, some companies declared record sales. Indian automotive major Maruti Udyog Ltd. rolled out a total of 62,248 vehicles, which translated to a magical 28.3% growth over the same period the preceding year for the company. Meanwhile, Maruti's biggest contenders such as Hyundai Motors, General Motors India, HondaSiel cars India and Ford India posted their sales figures at 17,460 units, 3776 units, 6013 units and 4623 units respectively. Furthermore, Hyundai saw a phenomenal 78% rise in its sale of its flagship brand Santro over last year. Just like its big brother, the two-wheeler segment also witnessed a huge growth in the recent past. For example, with three of its immensely popular new models namely, CBZ X-treme, Glamour and CD Deluxe, hero honda sold a total of 2,97,554 units posting a modest 19.3% increase in its sales figures over the previous year. Likewise, TVS Motor Company sold a total of 121,147 units that helped better its overall growth by 7% over its previous year postings.
The two factors that are having their impact felt in this segment are the growing buying power of the middle class and the low-interest EMI schemes. With the changing times, more technologically advanced and fuel efficient vehicles would crowd the city streets and rule the roost everywhere.
To conclude, the automobile sales are expected to experience a boom in the coming years and we might get to see a couple more automotive giants invading the Indian territories and locking horns with the Indian titans
Automobile Prices
The automobile industry in the country is booming and there are lots of choices which are available in the market. In this section we will look at the different segment of cars which are available in the Indian market and the price range at which they come.
A segment or the entry level segment in the Indian Car industry has been dominated by one car over the decades.The Maruti 800 from the stable of one of the largest cars makers in the country Maruti Udyog falls under this category of cars.
These cars have single handedly changed the perception of cars in the country and have provided an easy option for those who want to graduate from a two-wheeler to a car. Tata Motors' dream of providing a one lakh rupee car would revolutionize this segment but till then Maruti 800 will continue to rule the roost with another product from Maruti stable Alto catching up with it. There has been a shift in the market in which these cars are being sold. Since a large number of towns in India will not come under the Euro III norms it makes little sense for the peop le in these places to shell out extra money for cars which have to conform to Euro III norms.
A Segment Cars
The indicative auto prices (Ex Showroom New Delhi) if the A segment cars in rupees are as follows.
Name of the Model Metallic Price Non Metallic
Maruti 800 Std - Bharat III 208062.86 205681.65 Maruti 800 AC - Bharat III 228558.14 226176.94
Alto Std 234146.99 230890.43
Alto Lx 284408.85 281152.28
Tata indica GL BS III Rs. 3,28,671/-
There has been a rise in number of people who belong to the affluent middle class and wish to graduate to cars which provide the extra glitz and glamour than an entry level car. These cars come with fancy things like power steering, power windows, pepped up engine and conform to the latest emission norms.
This particular segment doesn't have a clear winner unlike the entry level segment as all the major car companies in the country have their representation in this segment. There is the Maruti Zen and Wagon R from the countries largest car maker. The Korean car maker Hyundai entered the market with its flagship car Santro and it has been able make a great impact in this segment. Tata Motors which promised a desi car for the people of this country has had a run away winner in Tata indica.
B Segment cars
The indicative auto car prices (Ex Showroom New Delhi) in the B segment cars in rupees are as follows.
Name of the Price Non Metallic Metallic Prices Model
Hyundai Santro Euro III - XK 268,720 NonA/C
Hyundai Santro Euro III - XK 265,132 NonA/C
Hyundai Santro 332,794 336,385 Euro III XL Hyundai Santro 351,857 355,448 Euro III XL ABS
Alto Lxi 283,878 28728
The prices of Tata indica V2 Models are in the range of Tata indica V2 3 to four lakhs
The price range of the Tata indica models which are Tata indica V2 fitted with Turbo Engines come with a price tag of
Turbo over three lakh ninety thousand to four lakh fourteen thousand
The prices of the variants of Tata indica Tata indica Xeta Xeta range from nearly two lakhs eighty thousand to three and a half lakhs
Cars In The C Segment
The booming economy of the country has fuelled the aspirations of the people manifolds and people are just not content with a small car these days, cars have ceased to become a mode of transport and have become expressions of social status and repertoire. Tata motors have added a new dimension to this segment with Tata Indigo which has gone on to become one of the largest selling cars of this segment.
Given below are the indicative prices of some of the cars which are available in the Indian market.
Name of the Company Prices( Ex Showroom Delhi) Model
Ford Ikon Ford Motors India The prices of these cars start from Rs 4,83000
Ford Fiesta Ford Motors India The prices of these cars start from 6,20,000
Hyundai Hyundai Motors The prices of these cars start from 4,99,903 and Accent India goes up to nearly
D segments cars cars in this segment stand for luxury and they come with a hefty price tag, but who cares when you have loads of money and an array of luxurious wheels to choose from. These cars provide you the ultimate luxury and are fitted with the state of the art accessories.
Below are the list of luxury cars which are available in India and the indicative price tag:
Mercedes Benz C 180 and C 200 CDI
These new set of cars from the stable of Daimler Chrysler provide you with all the luxury and can set you back by twenty to twenty three lakhs.
Ford Mondeo from the stable of Ford Motors comes at a price of 14.00 lakhs ex showroom price Delhi
Hyundai Sonata has been re-launched in the country and the car which comes with a 2.4 liter engine and is priced at 13.00 lakhs ex showroom Delhi.
These are only a few luxury cars which are available in the country and with each passing day the list is sure to increase.
Car Manufacturers
Car manufacturing has come a long way in India since its beginning in late 1940s. From a modest beginning that comprised of a couple of car manufacturers based totally on foreign technology, today the country boasts of quite a handful of players, mostly native companies that are in the business of car manufacturing. The two auto manufacturers Hindustan Motors and Premier Automobiles that started off in the 1940s have enhanced their production, technological and manufacturing prowess that enables them to offer better and efficient cars to the consumers of this age. Mahindra & Mahindra, Tata Motors and a host of foreign car makers like Ford, Toyota, Suzuki, Honda, Hyundai and Skoda are gradually enhancing their scale of operations and presence in the country sensing the growing business opportunity for the car makers in India.
Hindustan Motors
Hindustan Motors (HM), one of the earliest car manufacturers in India is a CK Birla group company that has a couple of automobile plants at Uttarpara (West Bengal) and Tiruvallur (Tamil Nadu). The company has different levels of collaborations and tie-ups with companies like Mitsubishi and Oka Motors from Japan. The company has cars like various makes of Ambassador and Lancer, Montero, Pajero and one Rural Transport Vehicle (RTV). Premier Automobiles (PAL) has limited variants of Premier cars while Mahindra & Mahindra (M&M) has variants of Bolero and Scorpio. The company has recently launched Logan car in collaboration with the French car maker, Renault. Tata Motors is another leading car manufacturer in India that has made a significant contribution to the car manufacturing scene in the country. With cars of various makes and features, Tata Motors has come up with Tata Sierra, Tata Estate, Tata Sumo, Tata Sierra, Tata Indica, Indigo over the last few years.
Maruti
However, it is Maruti that has revolutionized the landscape of car manufacturing in India. The company that started off with its lone plant at Gurgaon (Haryana) in the early 1980s for the manufacturing of a "small family car" Maruti 800 in technical collaboration with Suzuki of Japan, has come up with models like Maruti Omni, Alto, Esteem, Baleno, Swift and scores of their respective variants. In addition to this, the Indian car manufacturers on account of their high productivity and low production costs have enhanced their technical expertise and gradually made their presence noticed in the global markets. Indian car manufacturers have scaled up their production of cars and a substantial number of them are being exported to countries worldwide.
Car manufacturing has entered into another dramatic phase in India in recent times. The global auto majors like Ford, Toyota, Suzuki and Hyundai have set up manufacturing plants in India and are using India as an important production base to source their market requirements both for India as well as the global market. The growth of autoparts manufacturers in India has also been pehenomenal on the sidelines of automobile manufacturering.
Mid Sized Cars in India
One of the factors that have characterized the impressive growth of Indian automobile market has been the dramatic and positive changes that have earmarked the Indian car landscape. From old Ambys to a range, color and design of Marutis, Opels, Tatas, Hyundais and Toyotas, the Indian car market is surely something to watch on. And here too, the growth of the mid sized cars and the plethora of opportunities in this segment reveal a big, bright future ahead for the Indian mid sized cars . No wonder, the manufacturers of mid sized cars are seizing upon the opportunity and coming up with one new mid sized car model after another.
Generally speaking, a mid sized car has six cylinder powerful engines. The specifications vary from one region to another with Europe insisting on a length of 4700 mm while in the US and Canada,it is more than 4800 mm long. In Europe mid sized cars are called " Large Family Cars " while the Australians term them as "Mid Sized Cars." Talking of the Indian mid sized car scene, some of the popular names include Ford Monedo, Tata Indigo, Hyundai Accent, Maruti Esteem, Opel Astra, Ford Ikon and the like. The mid sized cars are one of the popular segments in the Indian car sector today. While the entry of Maruti Esteem led to the restructuring of the mid sized car segment followed by the entry of Hyundai's Accent, Opel's Astra and Ford's Ikon, an important development deserves to be illustrated. The customer got a new choice; a mid sized car provided a fine balance between the small car and a big car while taking care of the budget of the customer too.
In view of the usual requirements of a typical Indian household that needs more people to be accommodated in the car, a mid sized car gained immediate popularity. The increasing sale of the car models of this segment such as the Esteem, Indigo, Accent, Ikon and Astra is indicative of the development. The quality, fuel efficiency and interiors of the mid sized cars too have undergone significant changes that act as a positive pointer to the future of Indian car market. For more information on Mid Sized Cars please click on the following links:
Mid Sized Car in India
Chevrolet Spark Fiesta 1.4 SXi Duratorq Chevrolet Aveo U VA Chevrolet Opel GT
Maruti Esteem Maruti Baleno Maruti Swift Tata Indigo
Tata Indigo SX Fiat Uno
Small Cars
Small cars in India are the most common mode of personal vehicles. The use of small cars as a reliable mode of private transportation system is well suitable to the economic state and transport conditions in India. In various cities of the country the use of small cars has been popular due to narrow roads, excellent fuel economy of these cars, and price of these small cars.
The Indian automobile market is largely contributed by the small cars. There are some prominent small car manufacturing companies both from India and abroad, who have established their production, sales, and service centers in the country.
Maruti, Suzuki, Hyundai, TATA, and GM are some of the small car manufacturers in India. TATA, one of the major international automobile companies has brought the recent sensation to launch the most inexpensive car of the world. Priced at Rs 1 Lacs, the TATA Nano is expected to hit the Indian automobile market early in the year 2009. This will remarkably change the popularity of small cars among Indian automobile lovers.
Small Cars in India
Maruti Suzuki India Ltd Maruti 800 STD BS III Maruti 800 AC BS III Maruti 800 Duo 5 seater Maruti Omni 8 seater Maruti Omni LPG Maruti Omni Alto Alto Lx Alto Lxi Maruti Zen Estilo Reva AC Reva Standard Reva Electric Car Co. Reva Classe Reva i Santro Hyundai Santro Xing Hyundai i10 Gets Prime TATA Indica Chevrolet Chevrolet Spark Chevrolet Aveo U-VA
In recent future one of the famous Indian two-wheeler and three-wheeler manufacturers, Bajaj Motors, has also announced to launch a small car for the Indian automobile market. Apart from this Honda motors and Reva Electric Car company has also launched various models of small cars in the Indian small car market.
India is an important small car market for many automobile manufacturers where people love to ride small cars in their daily lives.
Luxury Cars
Luxury cars occupy a small portion of the Indian car industry. As per the recent surveys and analysis made by several organizations, the estimated number of new luxury cars sold annually in India is about 2500. Although it may look quite minuscule in terms of the total 1.7 million cars sold in India, but the luxury car industry has been growing at a rate of about 15% annually. The luxury cars started rolling on the Indian roads during 1996 when Mercedes Benz introduced their new car models in the country. Luxury cars Manufacturing Companies
Over the decade, a number of car manufacturing companies have come into the foray that are producing various model of luxury cars. Luxury cars can easily accommodate 6 passengers. Most of the cars under this segment are built with state-of-the-art technology.
The body of these cars are aerodynamically designed so that they can easily pass through the viscous resistance of the air. In India the luxury cars come with price starting from INR 2,000,000. Mercedes Benz C 200 is the entry level car in this segment, which is available in India with a price tag of about INR 2,420,000.
Car finance companies have made it rather easy to own a car through easy financing schemes. Car insurance also could be obtained in easy terms that can facilitate the puchase of car withou any hassle. Besides, one can buy used luxury cars too from the market. They are also available in easy installments with smart car financing.
As per the survey conducted by the National Council of Applied Economic Research (NCAER) in the year 2004, about 53,000 households were supposed to earn more than INR 10 million by the year 2005. The number of households having this income has increased considerably in recent times. The various luxury car companies are eying to tap these households who are their potential customers in the country.
You will get to see various model of luxury cars on the Indian roads that are manufactured by a number of companies, like: Mercedes, General Motors, BMW, Toyota, Volvo, Bentley, Aston Martin, Rolls Royce, Porsche and Lamborghini . The interior of these luxury cars are quite spacious and the seating arrangements are made in such a way so as to give you a highly comfortable ride.
To know more about the various luxury cars , browse through the pages of automobileindia.com. For more information on Luxury Cars please click on the following links
Premium Cars in India
India has emerged as one of the huge potential markets for cars of varied segments. Although the small cars dominate the market but the market for premium cars in India has been growing slowly and steadily. Due to the liberalization policies implemented by the Indian government during the 1990s, a number of automobile manufacturers started selling their newer model of cars in the country. Possessing a premium auto vehicle was a very costly affair in the yesteryears.But due to various manufacturing and assembly plants set by the auto majors, their prices have come down significantly. It is believed that the emergence of the several financiers in the country also helped in the popularity of the premium cars in India.
In India, premium cars are usually priced between INR 700,000 to INR 1,500,000. Due to the extensive dealership networks set up by the automobile companies, getting a brand new premium car is quite easy. Throughout the country you will even find several service centers of the auto Manufacturer, that offer service even to the premier cars . Premium cars come with some incredible features that make them immensely attractive. Most of the premium cars are designed with elusive looks. The state-of-the-art manufacture of the cars ensure spacious interiors and better maneuvering facilities.
In the premium car segment, the leading manufacturers in India include the likes of Audi, Toyota, Nissan, Skoda, Hyundai, Honda who have come up with cars having some exciting features. Most of the premium car models are equipped with power steering, power window, central locking system, seat belts, air bags, fog lights, 5 speed manual transmission system, tubeless tires, rear spoiler, chrome kit and many more. The engine of the premium cars are known to deliver huge amount of power. Premium cars are available in India in different colors and shades. And they are available in attractive car insurance premium.
To know more about the various premium cars in India and matters related to automobiles, browse through the pages of automobileindia.com.
Mid Sized Car in India
Audi A4 Audi A6 Audi A8 Chevrolet Optra
Honda Accord Honda City ZX Honda Civic Mitsubishi Lancer Cedia
Hyundai Sonanta Mitsubishi Lancer Skoda Octavia Combi Skoda Superb
Skoda Superb
Bibliography http://www.researchandmarkets.com/reportinfo.asp?r=1491249 http://www.businesswire.com/news/home/20110118006470/en/Research-Markets-Luxury-Car-Market-India-2011 http://www.indianautoindustry.com/autotrends.asp http://www.indianautoluxureymarkets.com/prices.asp?=15436 http://www.google.com/marketsurvey/india.