Recently, market demand parameters have changed, which will be reflected in 2026. Technology upgradation, Vehicle drivetrains, and customer behaviour are changing rapidly, along with the geopolitical situation. With an upgrade and an increase in buyers’ purchasing power, it is expected that vehicle price increases will vary in 2026.

Key Highlights of the Indian Automotive Market Forecast 2026 report and Data:

• Indian Automotive Industry Overview, along with trends and Monthly forecasts
• Sales, Production, Export, Pricing, and Technology
• Level: Segment, Sub-segment, and Model level
• Key Insight
• Macro Economy forecast and its impact on the Indian Automotive Industry
• Customer sentiments and their buying preference analysis
• Frequency: Monthly, Quarterly, Half Yearly, and one-time
• Format: Excel, PPT, PDF, Power BI, and Tableau

Drivetrain Type:

• ICE
• Electric
• Hybrid
• CNG, and
• Others

Segment:

• Passenger Vehicle: SUV, CAR, and MUV
• Truck:
  • Body Type – Tipper, Rigid Haluage, Tractor Trailer
  • GVW-wise: Mini Truck, Pick-up Truck, Light Duty Truck, Medium Duty Truck, and Heavy Duty Truck
• Bus:
  • Application-wise STU, Intercity, Intarcity, Private, School, Tourism, etc
  • GVW-Based: Mini Bus, Light Duty Bus, Medium Duty Bus, and Heavy Duty Bus
• Two Wheeler:
  • Sccoter
  • Motorcycle
• Three Wheeler:
  • Goods
  • Passenger
• Construction Equipment
• Agricultural Tractor 

The post Indian Automotive Market Forecast 2026 appeared first on Autobei Consulting Group.

Indian Automotive Market:

Indian Automotive retail sales registered 12% in March 2025 compared to February 2025, and the market declined by 1% in March 2025 compared to March 2024.

The Passenger Vehicle, Agricultural Vehicle, Two Wheeler, and Three Wheeler are the Top 4 segments in March 2025. These four segments contributed 91% of sales in March 2025.

Uttar Pradesh, Karnataka, Gujarat, Maharashtra, and Tamil Nadu are the top five states in the Indian Automotive Market. These five states have a 15% market share.

The Indian Car Segment showed 5% growth in FY 2025 compared to FY 2024. However, the Passenger Market registered 11% growth in March 2025 compared to February 2025.

Indian Car Market:

October 2024, January 2024, and 2025 were the best months for the Indian Car Industry due to Demand in Rural and Urban areas.

In Quarter 4 FY 2025, Maruti lost 6% of the market share in Vehicle registration. Kia has maintained its position in the last 27 months. Mahindra gained a market share of 2% from January to March 2025.

Indian Two Wheeler Market:

The Indian Two Wheeler Industry registered an 11.3% growth in March 2025 compared to February 2025. In FY 2025, the two-wheeler market grew by 7.7% compared to FY 2024.

Hero MotoCorp is losing a slight market share but is still the market leader in the two-wheeler segment.  An aggressive marketing strategy and integrated product features accelerate its sales. Its scooter segment is gaining momentum, which helps it gain market share. Bajaj Auto’s and Suzuki’s market share is stagnant from January 2023 to March 2025.

Key highlights of the Monthly Report:

• Indian Automotive Monthly Trend and Monthly Forecast
• Car, Two Wheeler, Three Wheeler, Commercial Vehicle, Agricultural Vehicle, and Construction Equipment are included
• OEM wise Market Share changes
• Sales Forecast
• Inventory Analysis
• Macro Economy Updates and Their Impact on the Indian Automotive Industry

The post Indian Automotive Monthly Market Trend 2025 appeared first on Autobei Consulting Group.

The share of domestic sales in South Africa has increased from 58% in 2019 to 63% in 2024, while exports have declined from 42% to 37%. Once African countries start to promote Electric vehicles, there is potential for exponential export growth from South Africa. For example, Kenya is preparing to promote the EV in the country on a massive level. But it will take some time since it is at the beginning stage.

For Commercial Vehicles (CVs), the export share grew from 34% in 2015 to 41% in 2024, while domestic sales dropped from 66% to 59%, reflecting a greater focus on global demand.

For Passenger Vehicles (PVs), the export share remained stable, with a slight decline from 36% in 2015 to 35% in 2024, while domestic sales rose slightly from 64% to 65%.

Between 2016 and 2020, the Automotive market declined with a negative CAGR of -7.3%, impacted significantly by the COVID-19 pandemic—the sales volume dropped from 923K units in 2019 to 651K in 2020. Post-COVID registered an impressive growth of a CAGR of +6.1% from 2020 to 2022, reaching 931K units. In 2024, the market is still down by 11% compared to 2019 or pre-COVID-19. The market is expected to grow at a CAGR of +4.3% until 2030.

The South African Automotive industry is fundamentally strong. The beauty of the South African market is that all key Automotive Brands are present in South Africa. The market has enough space for German, French, American Indian, American, Chinese, and Japanese Brands.  Every brand has an opportunity to make a significant presence in the market.

There were 515,712 Vehicles sold in 2024 compared to 531,775 vehicles in 2023. 2024 registered a 3% degrowth compared to 2023. South Africa’s Automotive Market showed a –3.5 percent CAGR between 2015 and 2020, or the pre-COVID level. The post-COVID market recovered and registered a 7.9 percent CAGR between 2020 and 2024.

ACG expected a 4.3 percent CAGR between 2024 and 2030. Chinese OEMs are launching new models in South Africa with advanced technology, Spacious space, and a value-for-money proposition, impacting other brands like Japanese Models.

South Africa exports vehicles to many African countries, including Namibia, Botswana, Zimbabwe, Mozambique, Kenya, Nigeria, the USA, the Middle East, and the EU. However, countries like Kenya and Tanzania are focusing on domestic vehicle production. In 2019, South Africa exported 387K units.

Exports declined by 43% in 2020 compared to 2019. Significant growth came back on track, with exports reaching 400K units in 2023. The automotive market is set to rebound, with a CAGR of +4.5% forecast30.

South Africa PV market:

In 2019, just before the COVID-19 pandemic, Car sales and exports peaked at 616K units. In 2020, due to the pandemic, car sales touched 425K units. The market showed signs of recovery in 2020. The car segment grew at a CAGR of 6.3% from 2020 to 2023, reaching 606K units. However, 2024 saw a decline of 12% to 544K units. By 2030, the market will rebound with a CAGR of 4.3% and surpass pre-pandemic levels.

South Africa’s car sales declined from 2015 to 2020, hitting a low of 247K units. Car Sales multiplied after 2020 or post covid, with a 9.3% CAGR until 2024. The market will expand at a 4.2% CAGR by 2030. Sales will rise by 28% from 2024 to 2030, showing a strong recovery. However, 2030 sales will still be 1% below pre-pandemic levels.

Car exports peaked at 261K units in 2019 before the pandemic. Sales dropped sharply to 174,000 units in 2021. Recovery started in 2022, reaching 258K units in 2023. In 2024, sales declined again to 193K units. In 2024, car exports remain 26% below pre-pandemic levels.

Top 10 PV Models Product position:

The budget segment features models like the Hyundai Grand i10 and Suzuki Swift, which dominate the lower price range. The executive segment includes the Toyota Corolla Cross, Volkswagen Polo Hatch, and Toyota Starlet, positioned in the mid-range price category. The premium segment is the Toyota Fortuner, categorized at a significantly higher price point. Nissan Magnite and Chery Tiggo 4 Pro lead in the subcompact SUV category, showing substantial market share.

The budget segment features models like the Hyundai Grand i10 and Suzuki Swift, which dominate the lower price range. The executive segment includes the Toyota Corolla Cross, Volkswagen Polo Hatch, and Toyota Starlet, positioned in the mid-range price category. The premium segment is the Toyota Fortuner, categorized at a significantly higher price point. Nissan Magnite and Chery Tiggo 4 Pro lead in the subcompact SUV category, showing substantial market share.

The Toyota Corolla Cross and Polo Vivo lead in market share while maintaining a mid-range price. The Toyota Corolla Cross follows closely with a higher price point. Suzuki Swift is strong in the budget or entry-level segment with a notable market share.

Models like the Hyundai Grand i10, Toyota Starlet, and Chery Tiggo 4 Pro offer affordability with a moderate market share. Toyota Fortuner is positioned as a premium model with a significantly higher price but a lower market share. Nissan Magnite and Haval Jolion cater to the lower price range but have a smaller market share than budget leaders.

Commercial Vehicle Market Forecast 2030:

The South African Commercial vehicle market grew by a 5.5% CAGR from 2020 to 2024. Sales peaked at 458K units in 2016. In 2020, sales dropped to 226K units due to COVID-19. The market shows signs of recovery, with a +4.3% CAGR projected until 2030. Commercial Vehicles are 9% below 2019 levels in 2024.

When MAN Truck launched its CLA truck range, the South African market was chosen to test the waters. The CLA truck was positioned as affordable between premium and entry-level trucks.

South African commercial vehicle sales grew by 5.3% between 2020 and 2024. Sales peaked at 351K units in 2016. COVID-19 caused a sharp drop to 134K units in 2020. The market slightly recovered, reaching 184K units in 2023. In 2024, sales remain 9% below 2019 levels.

The South African Commercial vehicle export market grew at a +5.8% CAGR. Exports peaked at 141K units in 2023. COVID-19 caused a steep decline to 92K units in 2020. CV exports will reach 116K units in 2024.

The South African commercial vehicle market showed shifting trends between 2019 and 2024. Heavy commercial vehicle (HCV) sales increased from 19,334 units in 2019 to 23,442 units in 2024. Light commercial vehicle sales declined from 153,189 units in 2019 to 133,254 in 2024. Medium commercial vehicle sales also dropped from 8,719 units in 2019 to 7,714 in 2024. While HCVs experienced growth, both LCV and MCV segments declined over the period.

The automotive industry’s contribution to South Africa’s GDP has decreased from 6.8% in 2019 to 5.3% in 2024. The Automotive manufacturing sector has significantly declined from 4.3% to 3.2%, indicating weaker production output. Other African countries have started to build production facilities in their home countries. The retail segment has also shrunk, decreasing from 2.5% to 2.1%, suggesting lower consumer demand.

Electric Vehicle Market:

Electric vehicles still have a minor market share of less than 3%  (BEV less than 1%) in 2024. BMW and Volvo are the leading OEMs in South Africa in the premium segment. Chinese OEMs like BYD also plan to gain a significant market share in the EV segment. The government has been provided with several recommendations, such as subsidies, production incentives, etc.

In 2024, more than 1,000 Electric cars were registered. The price of these cars is under R 1 Million, and the number of models has increased twice. The country needs affordable Electric vehicles to move the market from niche to mass market. The Volvo SUV EX30 with a single motor starts at R791,990, an attractive price point for an electric drive train.

The EX30, with a twin motor, is the most expensive at R1,055,900. The motors range from 200 to 315KW.

Eighteen brands in South Africa, including Mercedes, Porsche, Mini, BMW, JLR, etc., offer electric and hybrid vehicles. Many other brands plan to launch their cars in the country in the next 3 to 5 years. Toyota is the market leader in Hybrid vehicles.

Like the other markets, charging infrastructure, upfront cost, and Battery warranty are key challenges to adopting Electric cars in South Africa.

Please contact us to get the Full report and Table of contents.

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Vehicle Segment:

• Passenger Car (Luxury, Premium, and Mass Market),
• Truck (LDT, MDT, HDT, Tipper, TT, RH),
• Bus (Light, Medium, and Heavy Duty buses)
• Two Wheeler (Scooter & Motorcycle), and
• Three Wheeler (Passenger and Goods carrier).

Electric vehicle parts or component price database is separate.

The components Types: OEMs genuine price, OEMs suppliers to the retail market, Local Suppliers, and Chinese.

The price database is based on a city-level intelligence Pricing database.

Filter, Electric components, Lubricants, Transmission, Engine, Brake, Steering, Tyre, Oil, Oil seal, Battery, Spark Plug, Switches, Lighting, Sound System, Interior items, Axle, Shock Absorbers, Windshield, Sensors, Inverter, Wiper blade,  Mirror, and others.

We have covered more than 100 components in our database.

• The database is useful for the forecast of the Indian Automotive component market size in units and value.
• Competitor Analysis of various Automotive suppliers of different segments
• Launching a new product strategy
• Vehicle level Cost reduction plan and improve TCO
• Measure the operation cost analysis of the Vehicle

Customization:

We have two sets of the database:

• Standard pricing database and
• Customize Database

Standard Database with proper explanation of database give you quick access. The Customization database give you data as per your requirement. Both are beneficial for any organization.

Pricing is the most important parameter in the Auto Component business in India. Getting precise competitor pricing can change the business scenario of the company. This database help to design the pricing strategy, target customer segment, Business Growth, Business Planning, Marketing Strategy, Manpower & Material Planning, Launching New product and others.

Along with Data, ACG also offer Pricing Analytical service. This advanced analytics provide key insight of the data with data interpretation and explanation of trend and Forecast.

The post Automotive Component Price Data and Report appeared first on Autobei Consulting Group.

Govt has announced that it will put money of 100 lakhs crore into the developing infrastructure/construction projects. This would set us free momentarily whilst the worst hit of the commercial vehicle segment. The Dec month is normally perceived as the moderate month for most of the Automotive segments that don’t hit the sales sector. Eventually, OEMs give enormous discounts and run campaigns to fabricate the demand.

Sales: In Dec 2019, Indian Automobile Industry registered 13%, Commercial Vehicle 12%, Passenger vehicle 1%, Two-Wheeler 17% degrowth whereas Three-Wheeler registered 22% growth.

Production: In Dec 2019, Indian Automobile Industry registered 14%, Commercial Vehicle 27%, Two- Wheeler 13% degrowth, Passenger vehicle 4%, and Three-Wheeler 6% degrowth compared to Dec 2018.

Export: In Dec 2019, Indian Automobile Industry registered 9%, Passenger vehicle 10%, Two-Wheeler 22%, and Three-Wheeler 5% growth but, Commercial vehicle accounted for 27% degrowth.

In the Passenger vehicle segment, the car segment showed 8% and Van showed 53% degrowth; on the other hand, the SUV/MUV segment showed excellent performance for it has raised its growth by 30%. This crystal clearly reveals customer preference in the changing pattern.

In the Passenger car segment, Maruti gained a 10% market share, Hyundai lost 7%, Honda cars also lost 2%, Tata & Toyota lost 1% market share in Dec 2019 within a period of one year. Ford and Mahindra topped the losers list in terms of degrowth in Dec 19 month comparatively to the same month of the previous year. Suzuki, Skoda, and Volkswagen are the only three players who registered growth in Dec 2019. In the SUV/UV segment, Renault Triber outperformed with its aggressive pricing strategy and grabbed a 5% market share in Dec 2019. In other OEMs, Hyundai, Kia, and MG Motor also accounted for their sales with a positive market share. On the whole, Renault registered the highest growth in its segment of 34.9% growth in Dec 2019. In the MHCV Bus segment, Ashok Leyland increased its segment share from 45% to 48% and Tata Motors lost 2% market share in Dec 2019.

The Medium and Heavy Bus segment registered 72% growth in Dec 2019 compared to that of the Dec 2018 report, which is a good sign for the automobile industry. In the LCV Bus segment, the segment leader, Force Motors regained their fame with 51% market share for growth raised around 86% in Dec 2019 which actually had only 34% segment share in Dec 2018. Unfortunately, Tata Motors lost 12% of its market share. LCV Bus segment showed a 28% growth in Dec 2019 compared to Dec 2018 report. Medium and Heavy Duty truck segments registered 43% degrowth in Dec 2019 compared to that of Dec 2018. In this segment, Tata Motors increased its segment share from 50% to 56%, whereas Ashok Leyland lost a 9% market share in Dec 2019. But Eicher is showed steady growth and gained 3% of the market share in the MHCV truck segment.

Key Highlights of the Annual Subscription report:

• Monthly Indian Automotive Market Analysis
• Market Driver and Challenges
• Key finding
• Market Share – segment and OEM wise
• Govt policies
• Electric vehicle Analysis
• All major segment Included like passenger Vehicle, Commercial vehicle, Three Wheeler, and Two Wheeler
• Sales, Production, and Export

The post Indian automotive industry’s December report of 2019 appeared first on Autobei Consulting Group.

We have analyzed more than 10,000 models and 70 countries of all major OEMs. Report cover Car, SUV, VAN, Truck, Bus, and Two Wheeler worldwide. Our big data analysis links with qualitative analysis to draw a precise conclusions.

Automotive Industry Product life cycle Analysis report is available country wise and OEM wise. It is interesting to find the relation between how sales and market share are interlinked with PLC.

Another section describes the magical price points in every part of the Product life cycle like Introduction, Growth, Maturity, and decline.

Region: Asia, Middle East, Europe, Africa, NAFTA, Latin America, and the rest of the world.

Key highlights of the report:

• Introduction of the Production life cycle for Automotive Industry
• Competitive Analysis of PLC
• How PLC impact business strategy
• OEMs product Strategy Analysis
• Brand and Product life cycle Analysis
• Gap Analysis
• How to profit can be increased with the right strategy of the Product life cycle
• How pricing need to be changed as per the stage of the product life cycle
• How to create the next level of product blueprint
• Technology and Product strategy
• Buying process and PLC
• Different case studies

We help major Automotive companies in almost every country to create effective Product planning, Analyzed the Product life cycle and create a basis for next-level product strategy.

The post Automotive Industry Product life cycle Analysis appeared first on Autobei Consulting Group.

The central bank is expected to start raising interest rates in early 2018 as inflation rises and slack disappears.  After joining the EU in 2004, the country’s spirits have been marked by the desire to quickly catch up with the EU standard.

Poland is one of the largest nations in Eastern Europe region. This is an attractive location for Automotive Industry. Availability of cost effective and skilled human resources are the major reason for moving of OEMs in Poland. This is also a hub for Auto suppliers. Global automotive manufacturers settled in the country by establishing their production plant to cut product cost.

Domestic player Skoda sold 50,039 in Poland in 2016 with 12.3 percent growth compared to 2015. The top selling car models were the Skoda Octavia and Skoda Fabia, followed by the Astra (Opel).

The Commercial Vehicle Industry also showed around 14 percent growth in 2016 compared to last year.

ACG is having an exclusive database of Model Level Production data trend and Forecast 2023 with all technical specs and other information like its Sales distribution from Poland, the Production capacity of plan, Production and Brand information of each model etc.

Our report is based on in depth analysis of Auto Market. We have covered latest market opportunities, Challenges, Industry insight OEMs Strategy and complete market assessment.

Customize Report option is also available.

To get premium Subscription for annual Market Report, please contact to Nidhi.Singh@autobei.com

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