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India Autos Report Q2 2016

India Autos Report Q2 2016

BMI View: A combination of helpful demographic trends and solid economic growth continues to underpinBMI's positive stance towards the Indian new vehicle sales market in 2016 and beyond. This quarter, werevised our auto sales forecasts for India and extended our forecast period to 2020.

Key Views

We expect sales to grow roughly 35% in the Indian new vehicle market between 2016 and 2020.

We expect commercial vehicle sales to grow more than passenger car sales over 2016-2020.

In 2016/17 there will be continued new vehicle sales growth of 6.1%.

The motorcycle segment will remain the single largest part (nearly five times the size of the four-wheelsegment) of the wider autos sector between 2016 and 2020.

In the passenger cars segment, local manufacturer Maruti Suzuki tightened its already firm grip onthe Indian new vehicle sales market over 2015.

The country also has a growing appetite for luxury car brands such as Mercedes-Benz and BMW.


BMI Industry View
Key Views
SWOT
Industry Forecast
Table: Autos Total Market - Historical Data And Forecasts (India 2014-2020)
Latest Developments
Table: Latest Developments
Structural Trends
Sales to Show Steady Growth in 2016
Emissions Standards Will Not Dampen Consumer Appetite
Electric Vehicles Are a Good Long-Term Bet
Production Expanding Further Over the Coming Years
Trade
Passenger Vehicles
Table: Passenger Car Market - Historical Data And Forecasts (India 2014-2020)
Latest Developments
Table: Latest Developments
Key Players
Table: India - Top 10 Best-Selling Passenger Car Brands, 2015
Commercial Vehicles
Table: Commercial Vehicle Market - Historical Data And Forecasts (India 2014-2020)
Table: Latest Developments
Motorcycles
Table: Motorcycle Market - Historical Data And Forecasts (India 2014-2020)
Sales Set to Pick Up From 2015 Dip
Industry Risk/Reward Index
South East Asia Shines
'Make In India' Supports Ranking
Vietnam Still Most Likely Frontier Mover
Company Profile
Hyundai Motor India
Maruti Suzuki
Tata Motors
Regional Overview
Table: Asia Autos Production Investment
Incentives Powering Chinese Investment
Making In India Is Increasing Localised
Demographic Forecast
Table: Population Headline Indicators (India 1990-2025)
Table: Key Population Ratios (India 1990-2025)
Table: Urban/Rural Population & Life Expectancy (India 1990-2025)
Table: Population By Age Group (India 1990-2025)
Table: Population By Age Group % (India 1990-2025)
Methodology
Industry Forecasts
Sector-Specific Methodology
Sources
Risk/Reward Index Methodology
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators

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