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The industry produced a total of 23,366,246 vehicles including passenger vehicles, commercial vehicles, three wheelers and two wheelers in April-March 2015 as against 21,500,165 in April-March 2014, registering a growth of 8.68% over the same period last year.
Domestic Sales
The sales of Passenger Vehicles grew by 3.90% in April-March 2015 over the same period last year. Within the Passenger Vehicles segment, Passenger Cars and Utility Vehicles grew by 4.99% and 5.30% respectively, while Vans declined by (-) 10.19% in April-March 2015 over the same period last year.
The overall Commercial Vehicles segment registered a de-growth of (-) 2.83% in April-March 2015 as compared to same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) grew by 16.02% and Light Commercial Vehicles declined by (-) 11.57%.
Three Wheelers sales grew by 10.80% in April-March 2015 over the same period last year. Passenger Carriers and Goods Carriers grew by 12.16% and 5.27% respectively in April-March 2015 over April-March 2014.
Two Wheelers sales registered growth of 8.09% in April-March 2015 over April-March 2014. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds grew by 25.06%, 2.50% and 4.51% respectively in April-March 2015 over April-March 2014.
Exports
In April-March 2015, overall automobile exports grew by 14.89% over the same period last year. Passenger Vehicles, Commercial Vehicles, Three Wheelers and Two Wheelers grew by 4.42%, 11.33%, 15.44% and 17.93% respectively during April-March 2015 over the same period last year.
Courtesy: SIAM
