The cumulative production data for
April-January 2011 shows production growth of 28.86 percent over same period
last year. However, if one looks at production growth in January 2011 over
January 2010, the overall growth rate is significantly down to less than 20%.
Passenger Vehicles segment grew at
30.97 percent during April-January 2011 over same period last year. Passenger
Cars grew by 31.31 percent, Utility Vehicles grew by 20.59 percent and
Multi-Purpose Vehicles grew by 46.53 percent in this period. January 2011
figures for domestic sales of Passenger Cars show a growth of only 26.28
percent over the same month last year. Total passenger vehicle sales figures
for January 2011 compared to January 2010 shows growth stands at 24.68 percent.
Commercial Vehicles segment registered growth of 31.23 percent during
April-January 2011 as compared to the same period last year. While Medium &
Heavy Commercial Vehicles (M&HCVs) registered
growth of 37.69 percent, Light Commercial Vehicles grew at 26 percent. In
contrast to the last January sales figures, January 2011 registered a growth of
only 13 percent.
Three Wheelers sales recorded a growth
rate of 19.51 percent in April-January 2011. While Passenger Carriers grew by
21.55 percent during April-January 2011, Goods Carriers registered growth of
registered a growth of 27.04 percent during April-January 2011. Mopeds,
Motorcycles and Scooters grew by 23.86 percent, 23.57 percent and 46.58 percent
compare January 2011 to January 2010, the growth figures for three and two
wheelers are even lower at 22.64 percent and 17.55 percent respectively.
During April-January 2011, overall
automobile exports registered a growth rate of 30.96 percent. Passenger
Vehicles registered decline and the growth rate was (-) 2.87 percent in this
period. Commercial Vehicles, Three Wheelers and Two Wheelers segments recorded
growth of 75.80 percent, 64.03 percent and 37.77 percent respectively during
In January 2011 compared to January
2010, passenger vehicle exports registered significant negative growth of (-)
information, please contact:
Senior Director, SIAM