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Auto industry witness decline across all the segments

The industry produced a total of 2,363,376 vehicles

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Auto industry, Commercial vehicles, Passenger vegicles, Mopeds, Two wheelers, Three wheelers, SIAM

The industry produced a total of 2,363,376 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April 2019 as against 2,646,257 in April 2018, registering a decline of 10.69% over the same month last year.

Domestic Sales: The sale of passenger vehicles declined by 17.07% in April 2019 over the same month last year. Within the PVs, the sales for passenger cars, utility vehicle & vans declined by 19.93%, 6.67% and 30.11% respectively in April 2019 over the same month last year.

The overall commercial vehicles segment registered a decline of 5.98% in April 2019 as compared to the same month last year. Medium & Heavy Commercial Vehicles (M&HCVs) declined by 13.56% and light commercial vehicles declined by 1.10% in April 2019 over the same month last year.

Three Wheelers sales declined by 7.44% in April 2019 over the same month last year. Within the Three Wheelers, passenger carrier sales registered a de-growth of 9.24% and goods carrier declined by 0.17% in April 2019 over April 2018.

Two Wheelers sales registered a de-growth of 16.36% in April 2019 over April 2018. Within the two wheelers segment, scooters, motorcycles and mopeds declined by 26%, 11.81% and 6% respectively in April 2019 over April 2018.

Exports: In April 2019, overall automobile exports declined by 0.05%. While passenger vehicles exports grew by 11.60%, commercial vehicles, three wheelers and two wheelers registered a de-growth of 54.32%, 7.53% and 0.04% respectively in April 2019 over the same period last year.

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