India tops Japan again as world's No. 3 auto market

Country's new car sales grew 7% last year but still trail U.S. and China

20240112N india traffic jam

Traffic is seen on a road in New Delhi. Car sales have grown in India along with the rise in population and incomes. © Reuters

RYOSUKE HANADA, Nikkei staff writer

GANDHINAGAR, India -- New car sales in India in 2023 rose 7% over the previous year to 5,079,985 units as the country held on to third place in global market size, ahead of Japan but behind China and the U.S., for the second consecutive year.

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