Auto Industry Continues on High Growth Path

The overall production data for April-May 2010 shows production growth of 33.52 percent over same period last year with industry producing 2,715,189 vehicles.

Domestic Sales
Passenger Vehicles segment in April-May 2010 grew at 34.49 percent over same period last year. Passenger Cars grew by 34.75 percent, Utility Vehicles grew by 30.40 percent and Multi Purpose Vehicles grew by 39.15 percent in April-May 2010 over same period last year.

The overall domestic sale of Commercial Vehicles segment registered growth at 61.05 percent in April-May 2010 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) registered growth at 94.88 percent and Light Commercial Vehicles grew at 40.08 percent.

During April-May 2010, Three Wheelers sales recorded a growth rate of 15.16 percent. While Passenger Carriers grew by 15.49 percent and Goods Carriers grew at 13.91 percent in this period.

Two Wheelers registered a growth rate of 25.43 percent in April-May 2010. Scooters, Mopeds and Motorcycles grew by 48.84 percent, 26.01 percent and 21.30 percent respectively.

Exports
In April-May 2010, overall automobile exports registered a growth rate of 67.57 percent.

Passenger Vehicles, Two Wheelers, Commercial Vehicles and Three Wheelers segments grew by 19.90 percent, 72.09 percent, 122.42 percent and 184.42 respectively in April-May 2010 over April-May 2009.