All Segments of Auto Industry Down in Q1 of 2019-20: SIAM

SIAM (Society of Indian Automobile Manufacturers) has revealed the production, domestic sales and exports data of the Automobile Industry for the month of June 2019 and cumulative data for April-June 2019

Production

The industry produced a total 7,215,513 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in April-June 2019 as against 8,064,744 in April-June 2018, registering a de-growth (-) 10.53 percent over the same period last year. 

Domestic Sales

The sale of Passenger Vehicles declined by (-)18.42 percent in April-June 2019 over the same period last year. Within the Passenger Vehicles, the sales for Passenger Cars, Utility Vehicle & Vans declined by (-) 23.32 percent, (-) 4.53 percent and (-) 25.66 percent respectively in April-June 2019 over the same period last year.

The overall Commercial Vehicles segment registered a decline of (-) 9.53 percent in April-June 2019 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) declined by (-) 16.60 percent and Light Commercial Vehicles declined by (-) 5.06 percent in April-June 2019 over the same period last year.

Three Wheelers sales declined by (-) 7.35 percent in April-June 2019 over the same period last year. Within the Three Wheelers, Passenger Carrier sales registered a de-growth of (-) 8.74 percent and Goods Carrier declined by (-) 1.45 percent in April-June 2019 over April-June 2018.

Two Wheelers sales registered a de-growth of (-) 11.68 percent in April-June 2019 over April-June 2018. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds declined by (-) 16.72 percent, (-) 8.76 percent and (-) 19.02 percent respectively in April-June 2019 over April-June 2018. 

Exports 

In April-June 2019, overall automobile exports grew by 0.16 percent where Passenger Vehicles and Two Wheelers exports grew by 3.55 percent and 3.12 percent respectively. However Commercial Vehicles and Three Wheelers registered a de-growth of (-) 52.41 percent, and (-) 12.97 percent respectively in April-June 2019 over the same period last year.

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