Passenger vehicle sales decline 21.56% in April-July 2019: SIAM
Commodity Online | August 16 2019
UPDATED 11:28:02 IST

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India's automotive industry produced a total 9,724,373 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in April-July 2019 as against 10,883,730 in April-July 2018, registering a de-growth 10.65% over the same period last year, according to the latest data by the Society of Indian Automobile Manufacturers (SIAM).

The sale of Passenger Vehicles declined by 21.56% in April-July 2019 over the same period last year. Within the Passenger Vehicles, the sales for Passenger Cars, Utility Vehicle & Vans declined by 26.45%, 7.22% and 30.97% respectively in April-July 2019 over the same period last year.

The overall Commercial Vehicles segment registered a decline of 13.57% in April-July 2019 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) declined by 21.63% and Light Commercial Vehicles declined by 8.56% in April-July 2019 over the same period last year.

Three Wheelers sales declined by 7.43% in April-July 2019 over the same period last year. Within the Three Wheelers, Passenger Carrier sales registered a de-growth of 8.02% and Goods Carrier declined by 4.82% in April-July 2019 over April-July 2018.

Two Wheelers sales registered a de-growth of 12.93% in April-July 2019 over April-July 2018. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds declined by 15.58%, 11.18% and 20.17% respectively in April-July 2019 over April-July 2018.

In April-July 2019, overall automobile exports grew by 1.17% where Passenger Vehicles and Two Wheelers exports grew by 1.34% and 4.83% respectively. However Commercial Vehicles and Three Wheelers registered a de-growth of 47.30%, and 12.80% respectively in April-July 2019 over the same period last year.

 

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