Production
The cumulative
production data for April-February 2012 shows overall production growth of 14.56
percent over same period last year. Production in February 2012 registered growth
of 14.62 percent as compared to February 2011.
Domestic Sales
The overall
sales growth rate recorded for April-February 2012 was 12.46 percent. In February
2012, domestic sales registered growth at 12.07 percent as compared to February
2011.
Passenger
Vehicles segment recovered marginally at 2.95 percent during April-February 2012
over same period last year. Passenger Cars recorded marginal growth of 0.31
percent, Utility Vehicles grew by 14.66 percent and Vans grew by 10.01 percent
in this period. In February 2012, Passenger Cars, Vans and Utility Vehicles recorded
growth at 13.12 percent, 25.34 percent and 30.04 percent respectively. And growth
in overall Passenger Vehicles was at 16.07 percent in the month of February 2012.
The overall Commercial Vehicles segment registered
growth of 18.63 percent during April-February 2012 as compared to the same
period last year. While Medium & Heavy Commercial Vehicles (M&HCVs) registered growth of 9.23 percent, Light
Commercial Vehicles grew at 26.85 percent. However, in the month of February 2012
over February 2011, the growth in sales of the overall CV segment was 18.70
percent.
Three Wheelers
sales recorded further de-growth of (-) 1.78 percent in April-February 2012.
While Passenger Carriers registered decline by (-) 4.12 percent during April-February
2012, Goods Carriers registered growth of 8.32 percent.
Two Wheelers registered a growth of 14.77 percent
during April-February 2012. Mopeds, Motorcycles and Scooters grew by 10.86
percent, 13.12 percent and 23.28 percent respectively.
If we compare February 2012 to February 2011, the
growth figures for two wheelers was at 11.96 percent. Three Wheelers registered
de-growth at (-) 13.58 percent in the month of February 2012.
Exports
During April-February
2012, overall automobile exports registered a growth rate of 26.12 percent. Passenger
Vehicles registered growth at 16.17 percent in this period. Two Wheelers,
Commercial Vehicles and Three Wheelers segments recorded growth of 26.86
percent, 28.17 percent and 37.05 percent respectively during April-February 2012.
In February 2012
compared to February 2011, overall automobile exports registered a growth of only
5.70 percent.
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For more information, please contact:
Sugato Sen, Senior Director, SIAM
91-11-24647810-12
ssen@siam.in