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Vehicle sales: India 2005-2018

Motor vehicle sales in India from 2005 to 2018 (in units)

by I. Wagner, last edited Aug 15, 2019
Vehicle sales: India 2005-2018 A record 4.4 million passenger cars and commercial vehicles were sold in India in 2018. In addition to this, India’s two-wheeler industry sold about 20 million motorcycles in the 2017 fiscal year.
Great expectations  

With a population of around 1.3 billion people, the addressable market for vehicle sales is more than twice as big as that of South Korea. It is expected that an increased number of women and young people will join the workforce and drive the demand for mobility.

Bills, bills, bills

India’s gross domestic product is expected to double in size between 2015 and 2024, but fuel prices continue to weigh heavily on the population: The average worker needs to spend 70 percent of his or her daily income to buy a gallon of gas. This is one of the reasons why the average per capita use of gasoline comes to only 6.4 gallons annually. This compares to almost 432 gallons in the United States per motorist per year.
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Motor vehicle sales in India from 2005 to 2018 (in units)

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