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Title Low Base Effect Visible in Vehicles Growth Figures
Date 09/02/2010
Place of Release New Delhi
Press Release

The cumulative production data for April-January 2010 shows production growth of 23.07 percent over same period last year.

 

Domestic Sales

Passenger Vehicles segment during April-January 2010 grew at 25.21 percent over same period last year. Passenger Cars grew by 24.75 percent, Utility Vehicles grew by 21.95 percent and Multi Purpose Vehicles grew by 37.05 percent in this period.

 

The overall Commercial Vehicles segment registered positive growth at 30.39 percent during April-January 2010 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) registered growth at 20.58 percent, Light Commercial Vehicles grew at 39.66 percent. However, Medium & Heavy Commercial Vehicle sales during the period is still lower than 2006-07.

 

Three Wheelers sales recorded a growth rate of 25.77 percent in April-January 2010. While Passenger Carriers grew by 32.54 percent during April-January 2010, Goods Carriers grew at 4.20 percent.

 

Two Wheelers registered a growth of 23.74 percent during April-January 2010. Mopeds, Scooters and Motorcycles grew by 31.73 percent, 20.56 percent and 24.32 percent respectively.

 

Exports

During April-January 2010, overall automobile exports registered a growth rate of 13.24 percent.

Passenger Vehicles segment, Three Wheelers and Two Wheelers segments grew by 33.92 percent, 4.60 percent and 8.84 percent respectively in this period. Commercial Vehicles recorded growth of (-) 7.52 percent.

 

 

 

*******************************

For more information, please contact:

 

Sugato Sen, Senior Director, SIAM

91-11-24647810-12

ssen@siam.in

 
 
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