Economic Times stated that the Indian PV market registered 9.01% sales growth in the last month with sales of 2,55,359 units, as per the data from SIAM (Society of Indian Automobile Manufacturers). The PV segment includes utility vehicles, passenger cars and vans. With the launch of new SUVs and compact SUVs, the UV segment posted the highest sales growth of 21.79 percent and stood at 65,887 units.

The segment of utility vehicles is growing in the Indian automobile industry despite demonetisation and heavy diesel vehicle ban in the few cities. In the period of April 2016 to January 2017, the UV segment has witnessed for 32.04 percent growth and addressed has the highest segment among all categories. The PV market sold a total of 6,18,427 units of utility vehicles in the April to January period. In the same period of the previous year, the UV category received 4,68,236 units.

Starting month of 2017, January registered good sales in the passenger vehicle segment and the top 10 selling cars have achieved positive growth. After many years, this is the first time top 10 cars have good sales in January 2017.

The Indian passenger cars have seen negative sales in the last month of the previous year due to demonetisation - ban of Rs. 1000 ad Rs. 500 notes in India. The three automakers highlighted in the list, Maruti Suzuki India with six models, Hyundai Motor India with three models and Renault India with one model. The ban of notes has impacted the sales of two-wheelers, large SUVs and commercial vehicles in the country.

The Government has banned the high-value currency notes to vanish black money in the country, which impacts indirectly sales of two-wheelers and commercial vehicles in the last month.

The Indian passenger car industry welcomes 2017 New Year with the variety list of upcoming cars from the different auto manufacturers. The top upcoming cars like Maruti Ignis, Maruti Baleno RS, Volkswagen Tiguan, Next-gen Hyundai Verna, Tata Hexa, Hyundai Grand i10 Sportz (CNG) and Volkswagen Passat have been scheduled to launch in the early months of 2017. Besides, some of the companies announced the launch dates, Maruti Ignis to launch on January 13 and the Baleno RS planned to introduce in February month.

Maruti Ignis:

In the Indian market, the passenger car segment reported the marginal growth of 0.45 percent in the month of October 2016 with the sales of 1,95,036 units. The report of cars sales structure is prepared according to the data released by the SIAM (Society of Indian Automobile Manufacturers). Like the previous months, the list of best-selling passenger cars is highlighted by the Maruti Alto in October 2016.

What’s the difference between a good movie and a great movie? A good movie will keep you entertained for 2 hours, while a great movie will change your life. We’re not even being dramatic here – just have a look at the “Fast and Furious” franchise: not only did it spark the passion for car tuning in millions of people, but it also impacted one of the biggest industries in the world. The automotive industry was forever changed by the Fast and Furious movies, as people started wanting more from their cars. To this day, those movies continue to shape the auto industry.

The huge list of passenger cars available in the Indian market and also the automakers introduced the different types of cars in the country’s automotive space. In India, Maruti Suzuki is the biggest automaker in the car space and offering the variety of diesel and petrol models. Being a leading carmaker, Maruti Suzuki dominates the fuel-efficient segment with the different portfolio.

Most of the families and individuals decide to buy new cars at the time of Diwali with the sign of colorful future. In fact, the passenger car industry is always witnessed the positive sales growth in the time of the festival season. Especially, the best and affordable cars to get the highest number sales in the country as the Indian customers mostly prefer the cars priced between Rs. 4lakh to Rs. 8alkh. Of course, the luxury cars also get the positive sales in the duration of festival months.