TOP 10 CARS IN INDIA V/S TOP 10 CARS IN EUROPE.
COMPARISON PERIOD: JAN+FEB+MARCH 2021
The European Market together with its cumulative size of all its countries is definitely a significant volume generator. Of course, we have a host of big countries like Germany & Italy which contribute to handsome volumes. The top 10 cars of Europe contributed a total of 5,18,483 for the above-mentioned period.
On the other hand, India which is one of the fastest-growing markets in the world has a different set of players dominating the top 10 markets. The total volume stood at 4,34,615 numbers for the above-mentioned period.
Volkswagen as expected had the highest number of car units sold in Europe in the top 10 category. VW group had 3 cars. Peugeot had 2 cars in the top 10 cateogry. All the other OEMs had one car each.
On the contrary, the Indian Car market had all cars dominated by Maruti Suzuki and Hyundai Alone. In fact, Maruti had the lion's share in the top 10.
The Peugeot-208 had the number spot in the Europen car market, with a volume of about 60,957 units. Similar to that of our Swift which was almost at the 60k mark with 59,158 units.
VW Golf came in second in the European Market with a volume of 57,372 units. And on the Indian turf, we had Baleno with similar volumes of 57,935 units.
Toyota Yaris continues its dream run in the European market and ranked 3. Followed by Opel Corsa at rank 4 in the European Market, It's worth noticing that both had their opportunities in the Indian market, but couldn't shine much.
VW had the next two cars in the ranking, T-ROC and Tiguan in the rankings And Skoda Octavia stood at 10th.
The top 10 cars in Europe had a volume of 51,843 and the top 10 cars in India had a volume of 43,4615 units. The gap between the two for a period of 3 months stood at 83,868 units. With the Indian market set to grow faster the top 10 cars of course would see a much faster and more volume representation from the Indian Car market.
However, it's worth noting that the top 10 cars of the Indian car market, contribute about 47% of the total new car volumes, however, in Europe it's more distributed.