Sales of New Cars In India – Data, Trends, Charts & Analysis
Here you will find annual car sales figures for India. These statistics are Total Market Volumes, which include passenger cars as well as light commercial vehicles (LCVs).
The figures below come from unconfirmed sources and can vary slightly from other data you may find elsewhere. Despite our best efforts to find the most reliable data, we can’t guarantee 100% accuracy, unless a specific source is mentioned below the table. Still, we’re confident the provided data is sufficiently indicative of the size and trend of the market to be published as such. If you have access to a confirmed source of Indian car sales figures, including a split between Passenger Cars and LCVs, or data going back before 2005, please get in touch with us.
India Automotive Sales Data & Recent Highlights
As you can see, the India car sales market has been growing in recent years. The market has been growing at an average annual growth rate of 13.8%. There are a number of factors that have contributed to the growth of the India car sales market. These include the economic growth, the increasing urbanization, and the rising disposable income of Indians.
The economic growth has led to an increase in disposable income, which has made it easier for people to afford cars. The increasing urbanization has also created a demand for cars, as people need a way to get around in cities. And the rising disposable income of Indians has made them more willing to spend money on cars.
However, there are some challenges that the India car sales market faces. These include the high cost of cars, the poor road infrastructure, and the lack of financing options. The high cost of cars makes them less affordable for many people in India. The poor road infrastructure makes it difficult to drive cars in some parts of the country. And the lack of financing options makes it difficult for people to get loans to buy cars.
Despite the challenges, the India car sales market is expected to continue to grow in the coming years. The economic growth and the increasing urbanization are expected to continue to drive demand for cars. And the government is taking steps to address the challenges facing the market, such as improving the road infrastructure and providing more financing options.
Interesting India New Car Sales Stats
- Best Sales Year Volume: 3,792,356 units sold
- Worst Sales Year Volume: 1,106,863 units sold
- Average Sales Per Year: 2,484,970.6 units sold
- Total Sales Units (since 2005): 44,729,470 units sold
Top 5 Most Popular Automotive Brands In India
The top 5 car brands sold in India. These brands have been consistently popular in India for many years. They offer a wide range of models to choose from, and they are known for their affordability and reliability. Tata and Mahindra are homegrown Indian brands and do well in their local market while affordable brands like Honda, Hyundai and Suzuki also do quite well.
- Maruti Suzuki
- Hyundai
- Tata Motors
- Mahindra
- Honda
India New Motor Vehicle Sales Table
| Year | Sales | Growth |
|---|---|---|
| 2005 | 1,106,863 | |
| 2006 | 1,311,373 | 18.48 |
| 2007 | 1,511,812 | 15.28 |
| 2008 | 1,545,414 | 2.22 |
| 2009 | 1,816,878 | 17.57 |
| 2010 | 2,387,197 | 31.39 |
| 2011 | 2,510,313 | 5.16 |
| 2012 | 2,781,919 | 10.82 |
| 2013 | 2,553,979 | -8.19 |
| 2014 | 2,570,736 | 0.66 |
| 2015 | 2,772,270 | 7.84 |
| 2016 | 2,966,637 | 7.01 |
| 2017 | 3,229,109 | 8.85 |
| 2018 | 3,394,756 | 5.13 |
| 2019 | 2,962,115 | -12.74 |
| 2020 | 2,433,464 | -17.85 |
| 2021 | 3,082,279 | 26.66 |
| 2022 | 3,792,356 | 23.04 |
India New Motor Vehicle Sales Chart
Sources: Manufacturers, ANDC, JATO Dynamics.
