Improving Performance of Auto Industry in January 2017: SIAM - GaadiKey

Improving Performance of Auto Industry in January 2017: SIAM

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Improving Performance of Auto Industry in January 2017: SIAM

Production

The industry produced a total 21,086,185 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-January 2017 as against 19,882,485 in April-January 2016, registering a growth of 6.05 percent over the same period last year.

Domestic Sales

The sales of Passenger Vehicles grew by 9.17 percent in April-January 2017 over the same period last year. Within the Passenger Vehicles, Passenger Cars, Utility Vehicles and Vans grew by 3.29 percent, 32.08 percent and 3.54 percent respectively during April-January 2017 over the same period last year.

The overall Commercial Vehicles segment registered a growth of 3.03 percent in April-January 2017 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) declined by (-) 1.53 percent and Light Commercial Vehicles grew by 6.54 percent during April-January 2017 over the same period last year.

Three Wheelers sales declined by (-)1.09 percent in April-January 2017 over the same period last year. Passenger Carrier sales declined by (-) 4.15 and Goods Carrier sales grew by 13.21 percent in April-January 2017 over April- January 2016.

Two Wheelers sales registered a growth at 8.29 percent during April-January 2017 over April-January 2016. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds grew by 12.55 percent, 5.09 percent and 26.79 percent respectively in April-January 2017 over April- January 2016.

Exports

In April-January 2017, overall automobile exports declined by (-) 7.39 percent. While Passenger Vehicles and Commercial Vehicles exports registered a growth of 17.24 percent and 8.20 percent respectively, exports of Three Wheelers and Two Wheelers declined by (-) 34.02 percent and (-) 9.73 percent respectively in April-January 2017 over April-January 2016.

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Author: Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries. Follow me on twitter and facebook as well!

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