2023: Brand-by-brand analysis of the Indian passenger car market

Northdrive · 29th January 2024, 20:43

Tata and Mahindra, who otherwise have straddled the crossover and SUV segments, are conspicuous by their prolonged absence in the reigning Creta-segment.

These datasets will kind of keep filling the spreadsheets here on for a good 7-10 years timeline, courtesy the psychological manifestations of the masses coupled with the economy of the country.

s2K_scorpioN · 30th January 2024, 00:17

A thought comes to mind when I see Maruti's results - looks to me that the share of Maruti's sales for the most part shifted from one segment to another (sedans to crossovers/suvs). Another hint at a potential cap in terms of market share for the company.

Top notch work with the graphs - @pqr

Col Mehta · 30th January 2024, 11:24

Brilliant!

Thank you so much for this amazing thread! Very informative and equally meaningful.

Couple of pointers -

1. Petrol constitutes a significant 65% of total sales, while diesel has dwindled to a mere 18%. Thats a substantial gap. Hybrid and Battery Electric Vehicles (BEVs) account for only about 4-5%, indicating it's still a long way to go for them.

2. SUVs/Crossovers are flying off the shelves. Nearly every other buyer is opting for them, comprising a notable 49% of total sales across all body styles. Looks like this trend is going continue for a long time.

ChristComesSoon · 1st February 2024, 17:41

Thanks pqr.Great info & analysis.

Where/what is the source of this data?

It would be interesting to consider what factors have led to this substantial uptick of the SUV style in the Indian market over any other type...

For the average buyer/commuter an SUV or sedan wouldn't make a difference.

Some angles that may be considered:

1. Psychology (perception of personal safety, perception of durability, perception of a bigger car, ...)
2. Marketing
3. Ground clearance / ride height
4. Swag-factor (Does a burly SUV have more swag than a sleek nimble-r sedan?)

29th January 2024, 20:43	#16
Northdrive Newbie Join Date: Apr 2023 Location: Ranchi Posts: 5 Thanked: 4 Times	Re: 2023: Brand-by-brand analysis of the Indian passenger car market Tata and Mahindra, who otherwise have straddled the crossover and SUV segments, are conspicuous by their prolonged absence in the reigning Creta-segment. These datasets will kind of keep filling the spreadsheets here on for a good 7-10 years timeline, courtesy the psychological manifestations of the masses coupled with the economy of the country.
	() Thanks

30th January 2024, 00:17	#17
s2K_scorpioN BHPian Join Date: Oct 2023 Location: Hyd & Blr Posts: 46 Thanked: 142 Times	Re: 2023: Brand-by-brand analysis of the Indian passenger car market A thought comes to mind when I see Maruti's results - looks to me that the share of Maruti's sales for the most part shifted from one segment to another (sedans to crossovers/suvs). Another hint at a potential cap in terms of market share for the company. Top notch work with the graphs - @pqr
	(2) Thanks

30th January 2024, 11:24	#18
Col Mehta BHPian Join Date: Aug 2017 Location: Delhi-Dehradun Posts: 629 Thanked: 2,205 Times	Re: 2023: Brand-by-brand analysis of the Indian passenger car market Brilliant! Thank you so much for this amazing thread! Very informative and equally meaningful. Couple of pointers - 1. Petrol constitutes a significant 65% of total sales, while diesel has dwindled to a mere 18%. Thats a substantial gap. Hybrid and Battery Electric Vehicles (BEVs) account for only about 4-5%, indicating it's still a long way to go for them. 2. SUVs/Crossovers are flying off the shelves. Nearly every other buyer is opting for them, comprising a notable 49% of total sales across all body styles. Looks like this trend is going continue for a long time.
	() Thanks

1st February 2024, 17:41	#19
ChristComesSoon BHPian Join Date: Jan 2024 Location: Bangalore Posts: 48 Thanked: 204 Times	Re: 2023: Brand-by-brand analysis of the Indian passenger car market Thanks pqr.Great info & analysis. Where/what is the source of this data? It would be interesting to consider what factors have led to this substantial uptick of the SUV style in the Indian market over any other type... For the average buyer/commuter an SUV or sedan wouldn't make a difference. Some angles that may be considered: 1. Psychology (perception of personal safety, perception of durability, perception of a bigger car, ...) 2. Marketing 3. Ground clearance / ride height 4. Swag-factor (Does a burly SUV have more swag than a sleek nimble-r sedan?)
	() Thanks