ERJ staff report (LMH)
New Delhi, India - Automotive production in India for April-June 2012
has grown by 7.6 percent over the same period last year when the growth
recorded was 18.4 percent, according to the Society of Indian
Automobile Manufacturers. The industry produced 1 700 675 vehicles in
June 2012 as against 1 597 082 in June 2011.
The overall growth in domestic sales during April-June 2012 was 9.9
percent over same period last year. In April-June 2011 the growth rate
was 15.1 percent.
The passenger vehicles segment grew at 9.7 percent during April-June
2012 over same period last year. Passenger cars grew by 5.22 percent,
utility vehicles grew by 50.9 percent and vans fell by -9.6 percent
during April-June 2012 as compared to same period last year, SAIM said
in a 10 July news release.
The overall commercial vehicles segment registered growth of 6.1
percent in April-June 2012 as compared to the same period last year when
the segment registered a growth rate of 14.1 percent. While medium
& heavy commercial vehicles (M&HCVs) registered negative growth
at -11.99 percent, light commercial vehicles grew at 19.9 percent.
Three wheelers sales recorded marginal growth at 0.83 percent in
April-June 2012 against 4.9 percent during April-June 2011. Passenger
carriers grew by 5.7 percent during April-June 2012 and goods carriers
registered de-growth at -15.1 percent during this period.
Two wheelers registered a double-digit growth of 10.5 percent during
April-June 2012 against 16.9 percent during same period in 2011. Mopeds,
motorcycles and scooters grew by 6.6 percent, 6.8 percent and 29.1
percent respectively in the period of April-June 2012.
During April-June 2012 overall automobile exports registered negative
growth at -1.22 percent. Passenger vehicles, commercial vehicles &
two wheelers grew by 14.00 percent, 7.98 percent and 2.6 percent
respectively in April-June 2012. Three wheelers recorded negative growth
at -40.7 percent.
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Press release from SIAM