Auto Industry Registers Positive Growth in August 2017

Production

The industry produced a total 11,950,356 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-August 2017 as against 10,919,150 in April-August 2016, registering a growth of 9.44 percent over the same period last year.

Domestic Sales

The sale of Passenger Vehicles grew by 8.67 percent in April-August 2017 over the same period last year. Within the Passenger Vehicles, Passenger Cars, Utility Vehicle and Vans grew by 6.57 percent, 15.97 percent and 2.27 percent respectively in April-August 2017 over the same period last year.

The overall Commercial Vehicles segment grew by 1.58 percent in April-August 2017 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) declined by (-) 13.60 percent, however, Light Commercial Vehicles grew by 12.37 percent in April-August 2017 over the same period last year.

Three Wheelers sales declined by (-) 16.26 percent in April-August 2017 over the same period last year. Within the Three Wheelers, Passenger Carrier sales registered a de-growth of (-) 20.55 percent, however, Goods Carrier grew by 3.51 percent in April-August 2017 over April-August 2016.

Two Wheelers sales registered a growth at 10.41 percent in April-August 2017 over April-August 2016. Within the Two Wheelers segment, Scooters and Motorcycles grew by 18.27 percent and 7.89 percent respectively, while Mopeds declined by (-) 8.60 percent in April-August 2017 over April-August 2016.

Exports

In April-August 2017, overall automobile exports grew by 10.27 percent. While Passenger Vehicles, Three Wheelers and Two Wheelers registered a growth of 2.62 percent, 17.27 percent and 13.82 percent respectively, Commercial Vehicle exports declined by (-) 33.08 percent in April-August 2017 over the same period last year.

Links to entire tables:

P&S-Aug-2017

Fl-Aug-2017-RPT-1