ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Automobiles

India auto market skids to No. 5 behind Germany in 2019

With sales down 13%, slump hits every major brand except Renault

A Toyota Motor dealership in Mumbai: Indian unit sales sank for all major automakers in 2019 except Renault. (Photo by Akira Hayakawa)

MUMBAI -- Indian new-vehicle sales declined in 2019 for the first time in five years as economic growth and lending slowed, knocking the country down one spot in market size to fifth place behind Germany.

Sales shrank 13% to just over 3.81 million vehicles, with market leader Maruti Suzuki suffering a 19% drop on the year during the April-December period.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more