The cumulative production data for April 2008 – March 2009 shows a growth of 2.96 percent over April 2007 – March 2008. Overall production in March 2009 grew by 5.17 percent over the same month last year.

In 2008-09, production of Passenger Vehicles segment and Two Wheelers segment recorded single digit growth with the growth rates being 3.44 percent and 4.88 percent respectively. Three Wheelers segment registered marginal growth in production at 0.07 percent. However, production of Commercial Vehicles fell drastically at (-) 24.02 percent.

Domestic Sales
Passenger Vehicles segment registered growth with 0.13 percent growth during 2008-09 over 2007-08. Passenger Cars and Multi Purpose Vehicles grew by 1.31 percent and 5.69 percent respectively during this period. However, sales of Utility Vehicles fell by (-) 7.94 percent. The sales in March 2009 for passenger vehicles declined at (-) 1.15 percent over March 2008.

The sales of Commercial Vehicles declined by (-) 21.69 percent during 2008-09 over same period last year. Medium & Heavy Commercial Vehicles declined by (-) 33.16 percent and Light Commercial Vehicles recorded de-growth at (-) 7.10 percent. In March 2009, Commercial vehicles sales fell by 26.22 percent compared to March 2008. M&HCV fell by 43.40 percent and LCV fell by 0.17 percent. Also, buses (M&HCV) grew marginally at 0.57 percent and smaller buses declined by 6.72 percent. 

Three Wheelers sales registered a decline of (-) 4.13 percent in 2008-09. While Passenger Carriers grew by 14.36 percent during 2008-09, Goods Carriers declined at (-) 37.52 percent. In March 2009, three wheelers sales grew by 11.40 percent over same month last year.

Two Wheelers registered marginal growth of 2.60 percent during 2008-09. Mopeds and Scooters grew by 4.22 percent and 9.11 percent. Motorcycles also grew marginally at 1.16 percent. Electric two wheelers segment grew by 49.48 percent. Two Wheelers sales grew at a growth rate of 3.65 percent in March 2009 over same month last year.

Exports
The year 2008-09 saw automobile exports registering a growth of 23.61 percent with all segments except Commercial Vehicles, registering positive growth.

Passenger Vehicles and Two Wheelers segment grew by 53.73 percent and 22.50 percent respectively. Three Wheelers exports grew by 4.85 percent. However, exports of Commercial Vehicles declined at (-) 27.67 percent during this period.

Courtesy: Society of Indian Automobile Manufacturers

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Posted by Naresh Koshti on 8 April, 2009 2:55:00 PM IST #