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  • Indian Automobile Industry: Segment Vehichle Type Price Range Models Growth

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    The Indian automobile industry is segmented into 5 categories based on vehicle type and price range: micro hatchbacks (.25-.35), ultra-compact hatchbacks (.35-.45), compact sedans (.45-.9), sedans (.9-1.5), and luxury cars (>1.5). Growth rates range from 16% for micro hatchbacks to 166% for luxury cars. Recent trends include the announcement of the low-cost Tata Nano, dominance of Indian players in low price segments, strong growth in sales driven by more models, higher incomes, easier loans, and better roads. The UV segment has grown 35% and now accounts for 17% of car sales.

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    The Indian automobile industry is segmented into 5 categories based on vehicle type and price range: micro hatchbacks (.25-.35), ultra-compact hatchbacks (.35-.45), compact sedans (.45-.9), sedans (.9-1.5), and luxury cars (>1.5). Growth rates range from 16% for micro hatchbacks to 166% for luxury cars. Recent trends include the announcement of the low-cost Tata Nano, dominance of Indian players in low price segments, strong growth in sales driven by more models, higher incomes, easier loans, and better roads. The UV segment has grown 35% and now accounts for 17% of car sales.

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    11 views2 pages

    Indian Automobile Industry: Segment Vehichle Type Price Range Models Growth

    Uploaded by

    Kevval Boricha
    The Indian automobile industry is segmented into 5 categories based on vehicle type and price range: micro hatchbacks (.25-.35), ultra-compact hatchbacks (.35-.45), compact sedans (.45-.9), sedans (.9-1.5), and luxury cars (>1.5). Growth rates range from 16% for micro hatchbacks to 166% for luxury cars. Recent trends include the announcement of the low-cost Tata Nano, dominance of Indian players in low price segments, strong growth in sales driven by more models, higher incomes, easier loans, and better roads. The UV segment has grown 35% and now accounts for 17% of car sales.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 2

    Indian Automobile Industry

    Segment

    Vehichle Type

    Price Range

    Models

    Growth

    Micro Hatchback

    .25-.35

    Maruti 800,
    Maruti Omni

    16%

    Ultra-Compact
    hatchback

    .35-.45

    Tata Indica,
    Hundai Santro,
    Fiat Palio, Matuti
    Zen

    29%

    Compact Sedan

    .45-.9

    Hundai Accent,
    Honda City, Ford
    Ikon, Tata Indigo

    37%

    Sedan

    .9-1.5

    Octavia, Honda
    Acccord,
    Hyundai Sonata,
    Toyota corolla

    40%

    Luxury Cars

    >1.5

    Mercedes, BMW

    166%

    Latest Trends
    Announcement of Tata Nano
    Lowest prices segments dominated by Indian Players(TATA, MUL)
    Two wheeler dominated market
    Significant growth

    Increase in variety
    Increase in disposable income
    Ease in getting a loan
    Improved road

    UV segment

    Demand of UVs increased by 35%


    Overlaping of UVs with passenger cars segment
    Accounting for 17% of car sales
    Major players- Qualis, Sumo and Safari

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