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Indian auto industry continues with positive growth across segments in June - SIAM

Auto News - Published on Wed, 11 Jul 2018

Image Source: outlookindia.com
The Society of Indian Automobile Manufacturers announced that the Indian auto industry produced a total 8,064,239 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-June 2018 as against 6,919,414 in April-June 2017, registering a growth of 16.55 percent over the same period last year.

The sale of Passenger Vehicles grew by 19.91 percent in April-June 2018 over the same period last year. Within the Passenger Vehicles, the sales for Passenger Cars, Utility Vehicle & Vans grew by 17.98 percent, 23.22 percent and 27.29 percent respectively in April-June 2018 over the same period last year.

The overall Commercial Vehicles segment registered a growth of 51.55 percent in April-June 2018 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) increased by 83.59 percent and Light Commercial Vehicles grew by 36.51 percent in April-June 2018 over the same period last year.

Three Wheelers sales increased by 54.01 percent in April-June 2018 over the same period last year. Within the Three Wheelers, Passenger Carrier sales registered a growth of 64.48 percent and Goods Carrier grew by 21.35 percent in April-June 2018 over April-June 2017.

Two Wheelers sales registered a growth at 15.92 percent in April-June 2018 over April-June 2017. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds grew by 10.35 percent, 19.47 percent and 7.27 percent respectively in April-June 2018 over April-June 2017.

In April-June 2018, overall automobile exports grew by 26.73 percent. While Passenger Vehicles exports declined by (-) 7.37 percent, Commercial Vehicles, Three Wheelers and Two Wheelers registered a growth of 41.03 percent, 75.04 percent and 29.59 percent respectively in April-June 2018 over the same period last year.

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Posted By : Rabi Wangkhem on Wed, 11 Jul 2018
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