2017 India Top 15 Models Market Review
- Of a total of 3.2 million new passenger cars sold in India in 2017 (+ 9.6% compared to 2016), Suzuki placed nine models in the Top 15, including five in the first five places. The best-selling model remains the Suzuki Alto (258,000 units against 245,000 in 2016) which is one of the cheapest cars on the market. Following are the Suzuki Dzire (225 000 units against 202 000 in 2016), Suzuki Baleno (175 000 units against 107 000 in 2016), Suzuki Swift (167 000 units against 169 000 in 2016) and Suzuki R Wagon (167 000 units against 173 000 in 2016).
- Suzuki traditionally occupies half of the Indian market. It's the biggest market for Suzuki, far ahead of Japan. Competitors who have arrived on the Indian market over the past 20 years have not been able to overcome Suzuki's dominant position, despite major efforts to design small, low-margin models (Tata Nano, Renault Kwid, Hyundai i10), as the Indian market is primarily a small car market (A and B segments).
- A Segment accounts for 37% of the Indian market in 2017 and B segment 43%, so 80% overall for these two entry-level segments. The C segment makes up only 14% of the Indian market and the D market less than 6%.
- SUVs are still a minority in the Indian market (22% market share against 40% in China), and minivans an even smaller minority (8% market share). Sedans are still at 70% of the market.
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