Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Or Login with

Sign in with facebook
Sign In with google

Sign up to CarWale

Please enter your name
Please enter your mobile number
Please enter your password
Please enter your password

Indian Automobile Sector Outlook 2014

December 26, 2013, 03:52 PM IST by Selvin Jose
Indian Automobile Sector Outlook 2014

We are just a few days away from the end of 2013 and just three months away from the end of FY 2013-2014. While it has not been a great year to talk about Automobile sales per se, the new fiscal 2014-2015 might be the answer to struggling automotive majors who have had their act cut out in 2013.

A recent research by Dun and Brad Street says the second half of 2014 might spell success for Indian car companies owing to interest rate cuts which will act as a catalyst in aiding growth. In the year 2013 there were many deferred purchases, which according to the research might get converted into actual sales by second half 2014. The underestimated rural markets might act as the second catalyst for certain segments and companies in 2014.


The growth of passenger vehicles was down by 7.5 per cent from the start of 2013 until now as fuel prices and interest rates went north. The rising price of diesel might slow down the demand for diesel cars.

India’s big dream of being an Automobile Export hub is a question mark, with EU’s non-tariff barriers and preferential duty agreements with some African and Latin American countries. This could act as a hindrance to companies that had started establishing their foothold in these markets.

It has always been wafer thin margin rates and it might not get any thicker until the first half, with increased competition, weak sales and heavy discounts doled out by manufacturers to attract buyers. The second half of 2014 may be hold the key to success for many automobile manufacturers in India, with a lot of new launches also coming up, in short it’s a mixed year for the automobile industry ahead.

Source: Dun and Brad Street India

Tags:Tata,BMW,Mitsubishi,Hyundai,Chevrolet,Honda,Bajaj,Bentley,Fiat,Mahindra,Toyota,Porsche,Maruti Suzuki,Land Rover,Ferrari,Mini,Cadillac,Rolls-Royce,Aston Martin,Mercedes-Benz,Force Motors,Caterham,Huracan,YL1,Maruti Suzuki YL1,Buggati,Hummer,Contessa,Morris
Show CommentsHide Comments
  • Upcoming Cars

Toyota GlanzaToyota Glanza

6th Jun 2019

6L - ₹ 9L
Hyundai Kona EVHyundai Kona EV

9th Jul 2019

8L - ₹ 14L
MG HectorMG Hector

Jun 2019

18L - ₹ 23L
Volkswagen Next Generation VentoVolkswagen Next Generation Vento

Jul 2019

8L - ₹ 14L
BMW New 3 SeriesBMW New 3 Series

Jul 2019

50L - ₹ 60L
All Upcoming Cars

Explore action from the track

Know More

Select your city to avail offers

Currently available only in