The automotive industry in India recorded a sales growth of 13.11%

The automotive industry in India recorded a sales growth of 13.11%

The automotive industry in India recorded a sales growth of 13.11% for the month of February. Car companies after the sale of a total of 2, 11,402 cars in January, last year 86.890 cars even months. Over the past 10 months, the automotive industry has experienced growth in the highest sales in February 2012.

The Indian market is at a high level, which is said to be free from the pain of the global economic crisis. The Indian economy is on a steady increase with the increase of per capita income of Indians. The country is among the emerging economies with a stable growth rate of 5% per year.

The car market in India ensures better growth of 3 million car units in 2015. The market has finally recognized the demand for cars in India and therefore they do accordingly. With strong engineering base and powerful, cheap and reasonable work, India has become the largest producer of small cars. Export figures are rising alarmingly.

India was first known as a market especially for the small car segment, but sedans have made room for them now.

While car sales were only 1,503 units in January, in February 2012 sold approximately 6052 units. month growth was almost 303%, which is remarkable. The car industry has shown remarkable growth in sales for the fourth consecutive month. In February, sales of domestic cars rose more than 13% compared to the same month last year. In February, car sales in India reached 211,402 units compared to the same month last year.

Car companies that emerged as winners were

Maruti Suzuki: It is known for its dominant product Maruti Swift Dzire market. This car has played a key role, driving sales up over 58%. Furthermore, other cars like Maruti Ritz and Maruti Swift, along with many others, experienced a sales growth of 31.1% in comparison.

Mahindra & Mahindra: This company is a giant car home. a sales increase of 27% nationally in February was. The car was sold Mahindra Xylo and Mahindra XUV 500. In addition, Scorpio and Bolero has demonstrated its strong market presence.

Hyundai Motors Hyundai Motors climbed a new peak of about 13 percent of its domestic sales to 36,805 units while 32.629 units were recorded in the same period of 2011. The tire Hyundai Verna and Hyundai Eon small car wearing business sales .

Tata Motors: Nationwide, sales of Tata Motors rose 19% in February 2012. Passenger cars like Tata Aria, Tata Sumo and Tata Safari attended a sales growth of 42%. Tata Nano has also done very well in sales.

Cars in India, who were winners as profitable in terms of sales are Honda City, Maruti Swift Dzire, Mahindra Xylo, Skoda, Toyota Fortuner, Hyundai Eon, Tata Venture, Toyota Corolla, Hyundai Accent and Tata Safari.

Cars coming to India for 2012 and 2013

In the coming years, some larger cars presentations take place, either a hatchback or sedan, an SUV or CUV motor, gasoline or diesel and a small car or luxury car. However, the release date could change, but are expected in 2012 and 2013.

first multipurpose vehicle in India (MPV) Ertiga Maruti, Mahindra & Mahindra Reva electric car NXR complete, the entry of Renault in the spur of the B + segment hatchback, Mahindra Ssangyongs first midsize SUV Korando C and the BMW Mini everyone should make a arrival this year, planning to boost car sales in India.

Cars in India has a long list of Chevrolet, Hyundai, Audi, BMW, Bentley, Fiat, Honda, Ford, Lamborghini, Mahindra, Land Rover, Maruti Suzuki, Nissan, Mercedes Benz, Porsche, Skoda, Rolls Royce, Tata Motors, Volkswagen Toyota, Renault, Jaguar, Ferrari, Bugatti, HM Mitsubishi, Mahindra Reva Electric Car Company, Volvo, Hindustan Motors and Premier Motors force.