News and Events

Production
The industry produced 1,737,548 vehicles in May 2013 as against 1,811,515 in May 2012, decline of (-) 4.08% over the same month last year.

Domestic Sales
The overall domestic sales during April to May 2013 declined by (-) 0.64% over the same period last year.

The overall sales in Passenger Vehicles declined by (-) 8.56% during April to May 2013 over the same period last year. Within the Passenger Vehicles, passenger cars and vans dropped by (-) 11.33% and (-) 10.88% respectively, while utility vehicles grew marginally by 4.08% during April to May 2013 compared to the same period last year.

The overall Commercial Vehicles segment registered de growth of (-) 5.20% in April to May 2013 as compared to the same period last year. Medium & Heavy Commercial Vehicles registered negative growth at (-) 12.11% and Light Commercial Vehicles also dropped by (-) 1.36%.

Three Wheelers sales recorded marginal growth of 1.47% in April to May 2013 over the same period last year. Passenger Carriers and Goods Carriers grew by 1.48% and 1.44% respectively in April to May 2013 over April to May 2012.

Two Wheelers registered marginal growth of 1.04% during April to May 2013 over April to May 2012. Within the Two Wheelers mopeds and motorcycles declined by (-) 11.45% and (-) 1.38% respectively, while scooters grew by 13.88% in April to May 2013 over April to May 2012.

Exports
During April to May 2013 overall automobile exports declined by (-) 8.62%. Passenger Vehicles and Three Wheelers grew by 7.34% 26.53% respectively, while Commercial Vehicles and Two Wheelers dropped significantly by (-) 19.62 and (-) 16.50% respectively in April to May 2013 over April to May 2012.

Source - Strategic Research Institute