new upcoming cars in india
Post on 28-Jul-2015
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New Upcoming Cars in India
Indian Automobile industry has seen unprecedented growth in the past many years.
The exponential level of growth has not gone un-noticed and the global big players in
car manufacturing are starting to eye India as a hot spot for expanding market share,
specially when their local markets are maturing. The next few years and specially
2013 ad 2014 will see a major number of new cars getting launched in the Indian
market.
The year will see competition hot up in the economy and hatchback segment cars. In
this segment, the old champs Maruti, Hyundai and Tata will fight to maintain their
market shares as GM, Honda, Toyota, Renault, Skoda, Volkwagen, Nissan, Ford,
and Mahindra also enter this segment with new offerings.
In the sedan segment, Honda which performed very badly in 2012 will look to
salvage its lost pride and is planning to launch a slew of diesel models aimed for
Indian market. Here it will compete with GM, Skoda, Volkswagon, Toyota, and
Renault. Among upcoming cars in India, the SUV space will see the much awaited
Ford EcoSport that will challenge Duster
The luxury segment which is dominated by few car makers will see many upcoming
cares in India in 2013. The big three – BMW, Audi and Mercedes, will jostle for
space with new arrivals like Porsche, Jaguar, Rolls Royce, and Aston Martin. BMW
is planning to launch its X1 model in India. This model will be the entry level model in
Indian market and will bring many more young aspirants to buy luxury car. Similar
strategy is being adopted by Audi and Mercedes also and they all are bringing in
entry level models with price tags of approx. Rs. 25 lacs
Within the luxury car segment, separate niches will get carved out in the form of
super luxury sport sedans, convertible sport coupes, SUVs, and MPV, etc. The price
range of these cars will start from Rs. 50 lakh onwards.
Maruti Suzuki, the largest car maker in India lost significant market share in 2012, on
account of strikes and lockouts in its Manesar plant and also due to aggressive
marketing by other competitors. Maruti’s market share is already on decline and it
will have to strike back in 2013 if it has to maintain its dominance on the Indian
roads.
It is expected that as many as 50 new cars may see the light of the day in the year
2013. Some of them will be new launch of models, while others will be facelift
versions of existing models. In the hatchback segment, Maruti is planning to facelift
the A-Star which is not clocking in good numbers. Chevy Beat, Toyota’s Liva, Polo
from VW, Fiat with PuntoEvo, new VW Beetle, Hyundai with 2G i10, and Mini Cooper
Diesel are also expected to faze out the older models and bring in fresh versions
In the compact sedan category, M&M Verito, Honda Amaze, Manza-Indigo from Tata
will see newer variants getting launched ion 2013. The slew of new models will
surely keep the numbers ticking for many car makers. Depending on the economic
situation and interest rate scenario, it has to be seen how the automobiles sector as
a whole fares in the current year, but one thing is very clear that there will be a lot of
churn among the existing power set up of car makers in India
All in all, 2013 will be an interesting year to watch out for as several car makers will
bring out new models
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