The Indian car market is increasing at average rate of 16-17 % per annum from the year 2005. Last year the domestic market stood at 2.6 million vehicles and this year it is expected to increase to 3 million.
Following are the top 10 car brands currently in India by market share:-
Nissan Motor India Private Limited is the Indian subsidiary of Nissan Motor Company of Japan. It started operating in India in the year 2005. head-quarterd at Chennai Nissan sells both locally manufactured and imported cars in India. Nissan Micra which is manufactured locally has been gaining market share at a good rate. With a market share of 1.5% Nissan stands at rank 10.