India’s new vehicle market: prospects to 2019

This Greenstreetsoftware.info report examines India’s LV and HCV markets, and outlines how, over the forecast period, further increases are anticipated in the LV market, exceeding 4 million units for the first time. According to the forecast, the HCV market will, in 2018, also reach a new peak.

India's new vehicle market: Prospects to 2019

Following a lengthy downturn, India’s light vehicle (LV) and heavy commercial vehicle (HCV) markets have begun to pick up. 2014 saw Indian LV demand grow by 1% to 2.9 million units, following an almost 7% decline in 2013. Demand for HCVs was marginally higher in 2014, at 273,900 units, bringing to an end two years of decline.

This Greenstreetsoftware.info report examines India’s LV and HCV markets, and outlines how, over the forecast period, further increases are anticipated in the LV market, exceeding 4 million units for the first time. According to the forecast, the HCV market will, in 2018, also reach a new peak.

Table of contents

  • Executive summary
  • Chapter 1: Recent light vehicle (LV) demand
    • 2014
    • 2015
    • India compared with China
  • Chapter 2: Market characteristics
    • Ownership levels
    • Segments
  • Chapter 3: Market shares
  • Chapter 4: Economic outlook
  • Chapter 5: Outlook for LV demand
  • Chapter 6: Recent HCV demand and market characteristics
  • Chapter 7: HCV market shares
  • Chapter 8: Outlook for HCV demand
  • Appendix (Excel)
    • Historic vehicle sales by OEM group and brand (2010-2014)
    • Vehicle sales forecasts by OEM group and brand (2015-2019)

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