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FCA Plans to Trek into India with Jeep This Year

Wrangler, Grand Cherokee first products to be offered.

by on Feb.04, 2016

FCA will begin selling Jeep Wranglers in India some time later this year, according to the automaker.

Fiat Chrysler Automobiles NV plans to start selling the Jeep brand in India by the middle of this year.

Jeep, which opened a plant in China, the world’s largest vehicle market just year, said it will expand to India with a line-up of three SUVs made in the United States, the Jeep Wrangler Unlimited, the Jeep Grand Cherokee and the high performance Jeep Grand Cherokee SRT. Jeep introduced the at the 2016 Auto Expo in New Delhi.

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“Our aggressive expansion in international markets is one of the key drivers behind our current global sales momentum,” said Mike Manley, head of Jeep Brand, FCA, and chief operating officer of the Asia Pacific Regional Operations Group. (more…)

India Ready to Overtake Japan in Car Sales

But can infrastructure keep up?

by on Mar.15, 2012

Hoping to tap into the booming Indian market, Ford recently went to Delhi to reveal the new Figo.

Already humbled by years of economic stagnation and last year’s devastating earthquake and tsunami, Japan’s continuing decline as one of the world’s leading auto markets is likely to be taken down another peg.

A new study by IHS Automotive predicts that sales in India will reach 4.88 million by 2016, which would move that emerging nation past Japan, which the consulting firm forecasts will see automotive sales of just 4.51 million that year.

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Japanese auto sales have been running at barely half their peak rate during the Asian nation’s bubble economy and show little sign of recovery.  In fact, IHS expects the market’s sales to again taper off to just 4.25 million by 2020.  Japan recorded 4.87 million new vehicle sales in 2010 but saw that number dip to 4.13 million the following year, much of that due to lost production and other problems caused by the March 2011 natural disaster.

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India Likely to Become World’s Third-Largest Car Market by 2020

Overcoming the "three deficits" still a challenge.

by on Jun.14, 2011

Toyota is one of many foreign makers hoping to gain ground as the Indian automotive market expands.

India is expected to grow into one of the auto industry’s superpowers during the next decade, according to a new report by J.D. Power & Associates – and is likely to become the world’s third-largest automotive market by 2020.

The new study, “India Automotive 2020: The Next Giant from Asia,” noted that the vast subcontinental market already surpassed France, the United Kingdom and Italy to become the sixth-largest automotive market in the world in 2010. More than 2.7 million light vehicles were sold in India in 2010, up from just 700,000 a decade earlier.

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By 2020, the report projected, India’s automotive volume will grow to 11 million, positioning the nation of 1.2 billion just behind China, with projected annual sales of 35 million units in 2020, and the U.S., where light vehicles sales are pegged to reach 17.4 million.

“India has quickly become one of the largest and fastest-growing automotive markets in the world,” said John Humphrey, senior vice president of global automotive operations at J.D. Power and Associates.

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