The cumulative production data for April-October shows overall production
growth of 13.69 percent over same period last year. However, production of
passenger cars and buses have registered de-growth during this time. Production
in October 2011 also registered de-growth at (-) 1.80 percent as compared to October
The overall sales growth rate recorded for April-October 2011 was 11.81
percent. However, the month of October 2011 registered de-growth at (-) 1.05
percent as compared to October 2010.
Passenger Vehicles segment declined by (-) 1.77
percent during April-October 2011 over same period last year. Passenger Cars recorded de-growth of (-) 5.05
percent, Utility Vehicles grew by 8.35 percent and Vans grew by 13.21 percent
in this period. In October 2011, Passenger Cars, Utility Vehicles and Vans recorded
de-growth at (-) 23.77 percent, 0.41 percent and (-) 17.57 percent respectively.
And growth in overall Passenger Vehicles declined at (-) 20.25 percent in the
month of October 2011.
The overall Commercial Vehicles segment registered
growth of 17.95 percent during April-October 2011 as compared to the same
period last year. While Medium & Heavy Commercial Vehicles (M&HCVs) registered growth of 8.19 percent, Light
Commercial Vehicles grew at 26.64 percent. However, in the month of October
2011 over October 2010, the growth in sales of the overall CV segment was 18.53
Three Wheelers sales recorded a de-growth of
(-) 0.38 percent in April-October 2011. While Passenger Carriers registered
decline by (-) 3.94 percent during April-October 2011, Goods Carriers
registered growth of 15.84 percent.
Two Wheelers registered a growth of 14.84 percent
during April-October 2011. Mopeds, Motorcycles and Scooters grew by 9.90
percent, 13.81 percent and 21.23 percent respectively.
If we compare October 2011 to October 2010, the growth
figures for two wheelers was substantially lower at 2.01 percent. Three
Wheelers registered decline and the growth rate was (-) 2.06 percent in the
month of October 2011.
During April-October 2011, overall automobile exports registered a
growth rate of 29.70 percent. Passenger Vehicles registered growth at 19.52 percent
in this period. Two Wheelers, Commercial Vehicles and Three Wheelers segments
recorded growth of 29.86 percent, 26.84 percent and 45.47 percent respectively
during April-October 2011.
In October 2011 compared to October 2010, overall automobile exports
registered a growth of 14.55 percent.
For more information, please contact:
Sugato Sen, Senior Director, SIAM