Each year 20 auto makers churn out nearly 400 models in the Indian auto market. Out of these, six models constitute nearly 63 percent market share. Surprisingly, three of these six models belong to the Maruti stable.
Last calendar year witnessed nearly 50 new models in the country but sales figures for Maruti Alto topped the chart followed by Wagon R, Tata Indica, Maruti Swift, Hyundai i10 and the good ol’ Hyundai Santro. Sales of Swift (both sedan and hatchback) performed excellently in the market. These six models together sold nearly 7.6 lakh units in the last calendar year. Small car segment clearly dominated the market and this segment showed little signs of slow down due to the credit crisis or global meltdown. Analysts expect that dominated presence of Maruti may be over-shadowed this year with the launch of Tata Nano in this segment. This micro car may drastically shuffle the conventional matrix of the Indian car market.
On the other hand, there are models which sold in low figures as well – Skoda Fabia, Ford Fusion, Hyundai Sonata and Fiat 500, have not tallied impressive numbers.