Passenger vehicles sales up 9.05% in April-December 2015:SIAM

Two Wheelers sales registered a marginal growth at 1.21% during April- December 2015

As per the data released by the Society of Indian Automobile Manufacturers (SIAM), the industry produced a total 17,890,253 vehicles including passenger vehicles, commercial vehicles, three wheelers and two wheelers in April-December 2015 as against 17,659,325 in April- December 2014, registering a marginal growth of 1.31% over the same period last year.

Domestic Sales

The sales of Passenger Vehicles grew by 9.05% in April-December 2015 over the same period last year. Within the Passenger Vehicles, Passenger Cars, Utility Vehicles and Vans grew by 11.54%, 3.17% and 1.31% respectively during April- December 2015 over the same period last year.

The overall Commercial Vehicles segment registered a growth of 8.47% in April- December 2015 as compared to same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) registered a growth at 29.74% while Light Commercial Vehicles declined by (-) 3.52% during April- December 2015 over the same period last year.

Three Wheelers sales declined by (-) 4.30% in April-December 2015 over the same period last year. Passenger Carrier & Goods Carrier sales declined by (-) 3.89% & (-) 6.19% respectively in April-December 2015 over April- December 2014.

Two Wheelers sales registered a marginal growth at 1.21% during April- December 2015 over April-December 2014. Within the Two Wheelers segment, Scooters grew by 11.39% while Motorcycles and Mopeds dropped by (-) 2.46% and (-) 5.39% respectively in April-December 2015 over April- December 2014.

Exports

In April- December 2015, overall automobile exports grew by 1.40%. Passenger Vehicles, Commercial Vehicles, Three Wheelers and Two Wheelers registered a growth at 2.07%, 16.74%, 5.48% and 0.07% respectively in April- December 2015 over April- December 2014.

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