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Friday, January 7, 2011

List of Top Automobile Companies in India

Maruti Suzuki India Limited (MSIL)



Maruti Suzuki India is an undisputed leader in the Indian automobile industry. Started its journey in February 1981as Maurti Udyog Limited, the company created history in the Indian automobile market with its hugely popular four-wheeler model Maruti 800. The company became the first Indian automobile company to manufacture one million vehicles in 1994. The company became Maruti Suzuki India Limited on September 17, 2007.

Maruti sold 83,306 units of vehicles in September 2009, comparing to 71,000 units in the same month in the previous year (with a growth rate of 17.3%). It also exported 11,712 units during September 2009, comparing to 6,318 units in the same month in the previous year (with a growth rate of 85.4%).

Hyundai Motor India Limited (HMIL)



Hyundai Motor India Limited, founded in 1998 and a subsidiary of Korean auto giant Hyundai Motor Company, is the second largest car manufacturer in India. It is also country's largest passenger car exporter. Hyundai Motor came very close to the hearts of the Indian auto lovers through its flagship model Santro.

After the recession, Hyundai Motor saw a growth rate of 25% in the domestic market. During September 2009, HMIL sold 53,804 units, comparing to 46,218 units during September 2008. In the domestic market, it sold 27,803 units in September 2009, comparing to 22,311 during September 2008. The overseas sales during the same period also grew up 9% as it sold 26,001 units in September 2009, comparing to 23,907 units during the same month in the previous year.

Tata Motors



Tata Motors is the third largest car manufacturer in India. It also occupies the number one position in commercial car segment. Tata Motors enjoys 31.2% of market share in the multi utility vehicles, which in luxury car segment, it has 6.4% market share.

Tata sold 52,531 units of vehicles during September 2009, comparing to 49,647 units during September 2008 (a growth of 6%). In domestic market, Tata Motors sold 49,650 units during the same period, comparing to 45,234 units in September 2008.

Mahindra & Mahindra Limited (M&M)



Mahindra &Mahindra Limited is another auto-giant in India. A part of the Mahindra Group, M&M is the largest SUV maker in the country. In September 2009, M&M registered a domestic sale of record 26,921 units, comparing to 22,729 units in September 2008 (with an increase of 18.4%). On the other hand, it sold 15,296 units of UV in the same period comparing to 10,641 units in September 2008 (with a whooping growth of 43.7%).

Hero Honda Motors Limited (HHML)



Hero Honda Motors Limited, the joint venture between Hero Group and Honda, is the biggest two-wheeler manufacturers in the world. It shook the Indian two-wheeler market with its famous model Hero Honda Splendor, which became the largest selling motorcycle in the world. It consistently sold more than 1 million units of Splendors every year.

In 2008-09, Hero Honda sold about 3.28 million bikes and registered a net profit of Rs. 1281.7 crore. It sold 4,01,290 units of two-wheeler in September 2009, comparing to 3,85,262 in September 2008. It already sold 11,83,235 units of two-wheelers in Q2 of FY10 with a growth rate of 21.7% against the corresponding period of the previous year.

Bajaj Auto



Bajaj Auto is the second largest two-wheeler manufacturer in India. It is also the fourth largest two and three-wheeler maker in the world. In September 2009, Bajaj Auto sold 249,795 units of two-wheelers, comparing to 218,494 units in September 2008 (with a growth rate of 14.3%). During September 2009, it also registered a growth of 12.4% in the domestic two-wheeler sales and 19.9% in two-wheeler export.

General Motors India Private Limited (GM India)





General Motors India Private Limited is another top player in Indian automobile industry. A wholly-owned subsidiary of the auto giant General Motors, GM India saw a Y-o-Y sales growth of 49% in September 2009 with a sale of 7,654 units, comparing to 5,154 units in September 2008.

Honda Siel Cars India Limited (HSCI)




Honda Siel Cars India Limited, a joint venture between the Japanese auto giant Honda Motor Company Limited and the Indian company Siel Limited, started its operation in December 1995. In September 2009, HSCI sold 5,794 units, comparing to 3,104 units in September 2008 (with a growth rate of 86.7%).

Toyota Kirloskar Motor Private Limited (TKM)


Toyota Kirloskar Motor Private Limited is another top Indian automobile company. A joint venture between the Japanese auto giant Toyota Motor Corporation and Kirloskar Group, TKM has a number of car models including Innova, Corolla, Fortuner, Camry and the Land Cruiser Prado. It sold 7,657 units in December 2009.

Hindustan Motors



Hindustan Motors is another top automobile company in India. It was once country's largest car manufacturer before Maruti Udyog overpowered it. Its popular model ‘Ambassador’ has been extensively used as government limousine as well as taxi cab in India.

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