The automobile industry is one of the key drivers that boost the economic growth of the country. In this present era of Liberalisation, Privatisation and Globalisation (LPG) the Indian automobile market has become globally competitive; hence the survival of an enterprise depends upon the efficiency and accuracy. Based on this concept this study aims to assess the size, growth and profitability of selected automobile manufacturing companies functioning in India. In terms of size and growth of automobile industry segments such as HCV & LCV, motor cycles and tractors segment are in a substantially good position with consistent growth between the years 2004-05 to 2013-14, except HMT Ltd. Whereas the performances (size, growth) of auto cars and scooters & three wheelers segments are observed to be poor and the companies have gained a negative growth in terms of profitability. While comparing the profitability status of the companies only few Atul Auto Ltd (Scooters & Three Wheelers), International Tractors Ltd (Tractors) and Tractors & Farm Equipment Ltd (Tractors) are found to be profitable between the ten years study period, whereas the other companies have incurred serious loss during the same period.