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Indian Automotive Domestic Sales in 8 Months shrinks by 14% YoY

Steel News - Published on Wed, 11 Dec 2019

Image Source: India Auto Sales
SIAM announced that Indian automobile industry produced a total 18,920,298 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in April-November 2019 as against 21,937,557 in April-November 2018, registering a de-growth (-) 13.75 percent over the same period last year. The sale of Passenger Vehicles declined by (-) 17.98 percent in April-November 2019 over the same period last year. The overall Commercial Vehicles segment registered a decline of (-) 22.12 percent in April-November 2019 as compared to the same period last year. Three Wheelers sales declined by (-) 4.97 percent in April-November 2019 over the same period last year. Two Wheelers sales registered a de-growth of (-) 15.74 percent in April-November 2019 over April-November 2018.

Domestic Sales
CategorySub CategoryCommentApr- Nov'19 YoY
Passenger VehiclesAllThird Worst Hit-17.9%
PVPassenger CarsSecond Worst Hit-25.1%
PVVansWorst Hit-35.3%
PVUtility VehiclePositive3.8%
Commercial VehiclesAllSecond Worst Hit-22.1%
CVM&HCVsWorst Hit-37.3%
CVLCVsThird Worst Hit-12.7%
Three WheelersAllMarginally Hit-4.9%
3WPassenger CarrierMarginally Hit-4.5%
3WGoods CarrierMarginally Hit-7.3%
Two WheelersAllThird Worst Hit-15.4%
2WScootersThird Worst Hit-15.5%
2WMotorcyclesThird Worst Hit-15.3%
2WMopedsSecond Worst Hit-25.2%
Total DomesticAllThird Worst Hit-13.8%
 


Exports Sales
CategorySub CategoryCommentApr- Nov'19 YoY
Passenger VehiclesAllPositive5.4%
Commercial VehiclesAllWorst Hit-40.0%
Three WheelersAllMarginally Hit-10.2%
Two WheelersAllPositive6.5%
Total ExportsAllPositive3.3%
 

Source :

Posted By : Arun Huidrom on Wed, 11 Dec 2019
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