INDIA SALES ANALYSIS: DECEMBER 2014

As 2014 drew to a close, carmakers in India had to handle a rush of buyers, more so as the government decided not to continue with the extension of excise duty sops, which will hike vehicle prices by an average of 4-6 percent. Typically, December is a month when buyers in India postpone vehicle purchases to the new year but the last month of 2014 seems to have been different.

Maruti Suzuki India, the country’s largest carmaker, has sold a total of 11,52,128 cars in calendar year 2014, up 8.29 percent over sales in 2013 (10,63,964), its highest ...