Themes: Mergers Acquisition and Takeovers
Period : 2001
Organization : Reva Electric Car Company
Pub Date : 2002
Countries : India
Industry : Automobile & Automotive
The Indian Passenger Car Industry Contd...
TABLE II
THE INDIAN PASSENGER CAR INDUSTRY - PLAYERS AND MARKET SHARES
April 1999 - January 2000 |
||
Volume |
Market Share (%) |
|
MUL |
323,058 |
63.4 |
Hyundai Motors India Ltd. |
59,773 |
11.7 |
Telco |
43,053 |
8.45 |
Daewoo Motors |
29,549 |
5.8 |
HM |
21,093 |
4.14 |
Ind Auto |
17,649 |
3.47 |
Ford India |
4,523 |
0.89 |
Honda |
7,383 |
1.45 |
Opel Astra |
2,036 |
0.40 |
Mercedes-Benz |
748 |
0.15 |
Fiat India |
60 |
0.01 |
PAL - Peugeot |
9 |
- |
Total |
508,934 |
Growth (YOY): 56.3% |
Source: Society of Indian Automobile Manufacturers (SIAM).
For the financial year ended March 2001, 590,647 units (Refer Table III) of cars were sold by the Indian passenger car industry. However, the industry's growth had an adverse impact on the environment, in terms of increasing pollution levels across the country (Refer Table IV for a note on the pollution caused by automobiles).