Maruti Suzuki India continued its hold on the country's car market in 2014-15...
Maruti Suzuki India continued its hold on the country’s car market in 2014-15 with its models Alto, Swift, Dzire and WagonR retaining the top four positions.
According to a data by the Society of Indian Automobile Manufacturers (SIAM), Maruti’s entry level small car Alto sold 2,64,492 units in 2014-15 as against 2,58,281 units in the previous fiscal, up 2.4 per cent, retaining its numero uno position for the tenth year in succession.
Likewise, Swift retained the second spot with 2,01,338 units in fiscal 2015 as compared to 1,98,571 units in the previous fiscal, up 1.4 per cent.
Keeping its third position intact was Maruti’s compact sedan Dzire which sold 1,92,010 units in 2014-15 as against 1,87,673 units, up 2.3 per cent from the year-ago period.
Another hatchback from Maruti, WagonR also retained the fourth best selling car brand status with 1,61,250 units in year 2014-15 as against 1,56,369 units in the previous fiscal, up 3.12 per cent from the previous year.
Hyundai Motor India’s compact car Grand i10 jumped to the fifth spot in 2014-15 at 99,088 units from 7th in the previous fiscal at 72,789 units, a growth of 36.13 per cent.
However, the company’s entry level model Eon dropped to the 6th position at 78,334 units in 2014-15 from 5th spot in the previous fiscal at 86,474 units, a decline of 9.4 per cent.
Hyundai’s newly launched Elite i20 was the 7th best selling car brand in India in year 2014-15 with 77,747 units, while Honda Cars India’s mid-sized sedan City was at eighth position clocking 77,343 units.
Maruti’s hatchback Celerio was ninth best selling car at 68,143 units sold, while Honda’s Amaze was 10th with 66,703 units.
Total car sales in India in 2014-15 stood at 18,76,017 units as compared to 17,86,826 units in the previous fiscal.
Total sales rose by 4.99 per cent in 2014-15 after falling for two consecutive fiscals, as lower fuel prices and softening of interest rates led to reduction in the overall cost of ownership.