The automobile industry started the year with growth in both overall production and domestic sales in the month of April 2009 over the same month last year with production growing at 10.19 percent and domestic sales by 10.76 percent. This was mainly because of good performance of the Two Wheeler segment.

Domestic Sales

The Passenger Vehicles segment recorded a growth of 4.36 percent in April 2009. Passenger Cars grew by 4.20 percent, Utility Vehicles by 0.54 percent and Multi Purpose Vehicles by 15.52 percent in this period.

The overall Commercial Vehicles segment registered de-growth at (-) 11.25 percent. Medium & Heavy Commercial Vehicles registered sharp decline at (-) 41.83 percent and Light Commercial Vehicles recorded a growth of 28.23 percent. 

The sales in the Three Wheelers segment grew marginally by 1.69 percent in April 2009. While Passenger Three Wheelers grew at 10.62 percent in the month of April 2009, Goods Carriers declined at (-) 21.20 percent.

The Two Wheelers segment grew by 13.71 percent during this period with Mopeds, Scooters and Motorcycles growing at 24.20 percent, 19.91 percent and 12.11 percent respectively. However, Electric two wheelers segments declined with growth rate being (-) 36.13 percent.

Exports

Automobile Exports declined at (-) 10.04 percent in the month of April 2009 with Commercial Vehicles and Two Wheelers segment registering de-growth at (-)  35.90 percent and (-)21.74 percent respectively.

Exports of Passenger Vehicles segment grew at 33.99 percent and that of Three Wheelers segment grew marginally at 1.74 percent.

Courtesy: Society of Indian Automobile Manufacturers

Related News:
Overall auto production up 5.17% in March 2009
Overall February car production up 6.10%
High SUV sales stimulates other launches 
Overall vehicle production down 11.92% in January 

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Posted by Naresh Koshti on 11 May, 2009 12:49:03 PM IST #