Small Car Market Poised To Lead Global Auto Industry
The majority of growth in the global automobile industry in the coming decade will come from emerging economies such as India China and Eastern Europe. And the largest contribution to growth of auto market in these countries will be the fastgrowing small car segment. The increasing disposable of middle class population is the key driver of small car market in developing nations. However in developed regions like the US and Western Europe stringent environmental standards are increasing the need for more fuelefficient cars.
India is likely to evolve into a global hub for smallcar manufacturing. Currently India is one of the largest producers of small cars with the small car segment accounting for about threefourths of the Indian car market. The fastgrowing smallcar market has encouraged several global auto companies Renault Nissan Toyota Hyundai to announced plans for launch of small cars in India. With the launch of Tata Nano the stage is set for around a dozen new small and compact cars to be launched in India in the next two years. Maruti Suzuki India largest passenger car manufacturer in India has more than sixty percent share of the domestic small car segment.
The small car demand in China was not very encouraging 2007 but is expected to bounce back in 2008. The narrow price gap between small car segment and medium car segment has made medium segment cars a more attractive choice for consumers.
Minicars account for more than onethird of the total volume sales in the Japanese auto market. Suzuki and Daihatsu are the market leaders in the small car market in Japan. A large number of Japanese consumers are moving from luxury cars to minicars due to environmental standards and increasing gas prices.
The report analyzes the small car market in India China and Japan besides providing an overall view of the global market. The report also profiles the major small car manufacturers with a discussion of their key business strategies. It also analyzes the major trends prevalent in the small car market.
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Table of Contents :
1. Introduction
Passenger Car Classification
United States
Europe
China
India
2. Market Overview
2.1 Global Market
Production of CVs amp; PVs in Developed Vs Developing Regions
Worldwide Small Car Sales amp; Share
2.2 India
Breakdown of Car Market by Segments
Passenger Vehicles Sales by Manufacturer
Passenger Vehicle Sales Market Share
Small Car Sales Market Share
2.3 China
Comparative Vehicle Sales
Passenger Vehicles Market Share
Breakdown of Car Market by Segments Market Share
Breakdown of Car Market by Segments No. of Models
2.4 Japan
Passenger Vehicles Market Share
MiniVehicle Market Size
MiniVehicle Market Share
3. Market Trends
3.1 New Players in Indian SmallCar Market
3.2 Localized Production of Global Companies
4. Company Profiles
4.1 Maruti Suzuki India
Overview
Business Strategies
Launch of New Models
Service Network Expansion
4.2 Hyundai Motor India
Overview
Business Strategies
Launch of New Models
Investment in Production and Ramp;D Facilities
4.3 Tata Motors
Overview
Business Strategies
Launch of New Models
Strategic Acquisitions amp; Alliances
4.4 Daihatsu
Overview
Business Strategies
Mediumterm Business Strategy
Strong Asian Focus
List of Tables
US Passenger Vehicle Classification System
Car Classification System in India
Passenger Vehicle Sales in India by Manufacturer 200708
Leadership by Car Segments in India
Upcoming Models in India
Maruti Suzuki Passenger Car Sales 200708
Tata Motors Passenger Car Sales 200708
Daihatsu Vehicle Production 200407
Indian Automobile Production 200107
Indian Automobile Domestic Sales 200107
Indian Automobile Exports 200107
List of Charts
CV amp; PV Production in Developed Vs Developing Regions 2006
Global Auto Market Small Car Sales amp; Share 200512E
Breakdown of Car Market by Segments 200310E
Indian Passenger Car Sales Market Share 2007
Indian Small Car Sales Market Share 2007
Comparative Vehicle Sales in Japan China amp; US 2006
Chinese Passenger Car Market Share 2007
Chinese Market Share of Car Segments Q204Q207
Chinese Model Count by Segment 200407
Japanese Passenger Car Market Share 2007
Japanese MiniVehicle Market Share 200206
Japanese MiniVehicle Market 199712E
Comparison of Average Cost per Vehicle in Japan
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