Cumulative Sales Growth During Apr-Dec 18 of Auto Industry Show Positive Sign Across the Segments

Production

The industry produced a total 23,861,485 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-December 2018 as against 21,432,030 in April-December 2017, registering a growth of 11.34 percent over the same period last year.

Domestic Sales

The sale of Passenger Vehicles grew by 4.37 percent in April-December 2018 over the same period last year. Within the Passenger Vehicles, the sales of Passenger Cars, Utility Vehicle & Vans grew by 4.34 percent, 2.63 percent and 12.89 percent respectively in April-December 2018 over the same period last year.

The overall Commercial Vehicles segment registered a growth of 25.86 percent in April- December 2018 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) increased by 24.69 percent and Light Commercial Vehicles grew by 26.60 percent in April-December 2018 over the same period last year.

Three Wheelers sales increased by 18.85 percent in April-December 2018 over the same period last year. Within the Three Wheelers, Passenger Carrier sales registered a growth of 21.02 percent and Goods Carrier grew by 9.70 percent in April-December 2018 over April-December 2017.

Two Wheelers sales registered a growth at 9.59 percent in April-December 2018 over April-December 2017. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds grew by 4.76 percent, 12.55 percent and 4.59 percent respectively in April-December 2018 over April-December 2017.

Exports

In April-December 2018, overall automobile exports grew by 18.53 percent. While Passenger Vehicles exports declined by (-) 8.47 percent, Commercial Vehicles, Three Wheelers and Two Wheelers registered a growth of 10.99 percent, 51.45 percent and 21.45 percent respectively in April-December 2018 over the same period last year.