SIAM: Auto Industry Declines for Four Successive Months

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SIAM India

The overall domestic sales in Indian auto industry during April-May 2013 declined by (-) 0.64 percent when compared to the same period last year.

The overall sales in Passenger Vehicles declined by (-) 8.56 percent during April-May 2013 over the same period last year. Within the Passenger Vehicles, passenger cars and vans dropped by (-) 11.33 percent and (-) 10.88 percent respectively, while utility vehicles grew marginally by 4.08 percent during April-May 2013 compared to the same period last year.

The overall Commercial Vehicles segment registered de-growth of (-) 5.20 percent in April-May 2013 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) registered negative growth at (-) 12.11 percent and Light Commercial Vehicles also dropped by (-) 1.36 percent.

Three Wheelers sales recorded marginal growth of 1.47 percent in April-May 2013 over the same period last year. Passenger Carriers and Goods Carriers grew by 1.48 percent and 1.44 percent respectively in April-May 2013 over April-May 2012.

Two Wheelers registered marginal growth of 1.04 percent during April-May 2013 over April-May 2012. Within the Two Wheelers mopeds and motorcycles declined by (-) 11.45 percent and (-) 1.38 percent respectively, while scooters grew by 13.88 percent in April-May 2013 over April-May 2012.

During April-May 2013 overall automobile exports declined by (-) 8.62 percent. Passenger Vehicles and Three Wheelers grew by 7.34 percent 26.53 percent respectively, while Commercial Vehicles and Two Wheelers dropped significantly by (-) 19.62 and (-) 16.50 percent respectively in April-May 2013 over April-May 2012.

 

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