Passenger vehicle industry in India has shown a modest growth rate of over 8 percent during calendar year 2017 and for the first time sales of cars, SUVs has crossed 3 million of 30 lakh mark as car makers in India sold a total of 32,29,109 units in the domestic market which is 8.85 percent more than what it sold in calendar year 2016. Overall, 21.68 lakh units of cars, 8.70 lakh units of UVs were sold in 2017 at a growth rate of 5.13 percent and 20.09 percent respectively. Car manufacturers in India had sold over 20.62 lakh cars and 7.24 lakh UVs in 2016. We had already told you about Top 10 car manufacturers in India with companies individual market share in India in 2017 and below are the top selling cars and SUVs in India in 2017.
Top selling cars and SUVs in India in 2017:
|Car name||Units sold in Jan 2017||Units sold in Feb 2017||Units sold in March 2017||April-December 2017||Total|
|Maruti Suzuki Alto|
|Maruti Suzuki Dzire|
|Maruti Suzuki Baleno|
|Maruti Suzuki Swift|
|Maruti Suzuki Wagon R|
|Hyundai Grand i10|
|Maruti Suzuki Celerio|
Maruti Suzuki's domination in India and the success of Alto continues:
India's largest automaker, Maruti Suzuki continues to dominate the Indian car industry with a massive 49.6 percent market share in the domestic Indian market. The company sold a total of over 10.6 million units. Top five most sold cars in India come from Maruti Suzuki's stable. Leading from the front was the small car Maruti Suzuki Alto that has remained the trusted car for the rising Indian middle class for years now. Over 2.57 lakh Maruti Suzuki Altos were sold in India in 2017 (combining both Alto 800 and Alto K10). Newly launched in 2017, Maruti Suzuki Dzire saw a total sales of over 1.87 lakh units and so far has had a successful run in India.
On the SUV front, Maruti Suzuki Vitara Brezza despite being sold in only diesel variants was the top sold UV/SUV in 2017 in India. The company sold a total of 1.40 lakh units of Vitara Brezza in 2017. Maruti Suzuki Baleno, Maruti Suzuki Wagon R were other top selling Maruti cars in India. Despite the fact it was known that new generation Maruti Suzuki Swift is coming out in 2018, Swift was still the fourth most sold car in the country in 2017. The company sold a total of over 1.67 lakh Swift in 2017. Overall in 12 years, the company has managed to sell almost 1.8 million Swifts in India.
Top UVs/SUVs sold in India in 2017
Units sold in Jan 2017
Units Sold in Feb 2017
Units Sold in March 2017
Units Sold in April - December 2017
Maruti Suzuki Vitara Brezza
Hyundai's top selling cars in India:
India's second largest passenger vehicle manufacturer, Hyundai Motor India too had some decent success in 2017 with its Hyundai Gran i10, Hyundai elite i20 and Hyundai Creta SUV being in the top sold cars/SUVs list. The company sold a total of over 1.57 lakh and 1,34 lakh units of its Hyundai Grand i10 and Hyundai Elite i20 respectively. Over 1.05 lakh units of Hyundai Creta were sold in the Indian domestic market in 2017.
Other small car, Renault Kwid that saw the introduction of AMT and the new Climber variant continued to be in the top-10 list despite seeing a marginal fall in sales. Renault India sold a total of 92,440 units of Renault Kwid. New generation Hyundai Verna being launched in the later part of the year missed out on the sales of mid-size sedan segment which saw Honda City beating Maruti Suzuki Ciaz by a whisker. A total of 62,573 units of Honda City were sold and 61,967 units of Maruti Suzuki Ciaz sales were reported.
Tata Tiago completes the top 10 passenger car's list by selling more than Honda City at a total of 71,111 units. Tata Motors have had a successful run in 2017 as the company launched three new products and gained market share.
On the UVs front, Maruti Suzuki Vitara Brezza lead the way at top followed by Hyundai Creta. Toyota Innova Crysta was most sold MPV in the country with a total sales of 54,030 units. Mahindra Bolero sales too recorded strong sales in 2017.
Compound Annual Growth Rate (CAGR) in passenger vehicles sales grew by 3 percent in 2017 when compared to 2016. Despite the shift to GST and addition of cess on SUVs and luxury cars by the GST Council, the automakers have managed to post decent growth in 2017. Many automakers do believe that impact of demonetization and GST did slow down the growth rate in 2017 which otherwise would have seen a double-digit growth.