Car sales in India rise sharply
13. May 2021Due to rising consumer confidence as well as an increased need for a personal mode of transportation in light of the Covid 19 pandemic, passenger car sales in India increased dramatically in February 2021. According to published data from the Indian Society of Automobile Manufacturers (SIAM), sales of passenger cars rose 18 percent to 281,380 vehicles. The figures do not include sales by Tata Motors, as they do no longer submit monthly sales figures to the association. Sales of two-wheelers rose 10 percent to a total of 1,426,865 units, of which 464,744 were scooters and 910,323 were motorcycles. Sales of three-wheelers, on the other hand, fell 34 percent to 27,331 units.
India’s largest automaker, Maruti Suzuki India (MSI), also benefited from rising demand last year. MSI’s models ranked in the top five of the best-selling new cars in India for the fourth consecutive year; in detail, the best-sellers were the Swift, Baleno, Wagon R, Alto and Dzire. The Suzuki Swift compact car ranked first with 172,000 units, followed by the compact Baleno with 163,000. The Wagon R city car ranked third with 160,000 units, while the Alto and Dzire ranked fourth and fifth with 159,000 and 128,000 units sold, respectively. Next after MSI in terms of market share is Hyundai; Tata, Kia and Mahindra are the other top 5 manufacturers.
AIS stands for Automotive Industry Standards, the technical automotive standards for India, while TAC stands for Type Approval Certificate. This kind of automotive product certifiation is conducted by authorities like the International Center for Automotive Technology (iCAT).
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