Passenger vehicle sales on a decline

The overall Commercial Vehicles segment registered a de-growth of (-) 15.32 percent in April-September 2013 as compared to the same period last year. Medium Heavy Commercial Vehicles (MHCVs) registered negative growth at (-) 25.22 percent and Light Commercial Vehicles also dropped by (-) 9.61 percent.

Three Wheelers sales declined by (-) 4.38 percent in April-September 2013 over the same period last year. Passenger Carriers and Goods Carriers declined by (-) 4.04 percent and (-) 5.91 percent respectively in April-September 2013 over April-September 2012.

Two Wheelers registered growth of 3.51 percent during April-September 2013 over April-September 2012. Within the Two Wheelers segment, Scooters and Motorcycles grew at 16.59 percent and 0.88 percent respectively, while Mopeds declined by (-) 10.78 percent in April-September 2013 over April-September 2012.

Exports

During April-September 2013 overall automobile exports grew by 4.54 percent. Commercial vehicles and Two Wheelers declined by (-) 19.08 percent, (-) 0.35 percent respectively, while Passenger Vehicles and Three Wheelers registered growth at 13.77 percent and 29.89 percent respectively during April-September 2013 compared to the same period last year.

Production

The industry produced a total 1,816,316 vehicles including passenger vehicles, commercial vehicles, three wheelers and two wheelers in September 2013 as against 1,673,006 in September 2012, registering a growth of 8.57 percent over the same month last year. The growth is on account of growth of two wheelers.