The financial year 2014-15 has begun with a note of decline in auto sales in India. The only exception is two-wheelers. They continue to perform well. The industry produced a total 1,861,849 vehicles including passenger vehicles, commercial vehicles, three-wheelers and two-wheelers in April 2014 as against 1,687,243 in April 2013, registering a growth of 10.35 per cent over the same month last year. The growth continues to be on account of growth in two-wheeler production.
The sales of Passenger Vehicles declined by (-) 9.50 per cent in April 2014 over the same month last year. Within the Passenger Vehicles catergory, Passenger Cars and Vans dropped by (-) 10.15 per cent and (-) 27.04 per cent respectively. Utility Vehicles sales grew marginally by 0.27 per cent in April 2014 over the same month last year. The Commercial Vehicles segment registered a de-growth of (-) 24.00 per cent in April 2014 as compared to same month last year. Medium & Heavy Commercial Vehicles (M&HCVs) registered negative growth at (-) 17.09 per cent and Light Commercial Vehicles also dropped by (-) 27.37 per cent. Three Wheelers sales declined by (-) 2.17 per cent in April 2014 over the same month last year. Passenger Carriers and Goods Carriers declined by (-) 2.62 per cent and (-) 0.46 per cent respectively in April 2014 over April 2013.
Two Wheelers sales registered growth of 11.67 per cent in April 2014 over April 2013. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds grew by 26.08 per cent, 8.06 per cent and 0.23 per cent respectively in April 2014 over April 2013. In April 2014, overall automobile exports grew by 12.98 per cent. Passenger Vehicles and Three Wheelers registered de-growth at (-) 0.95 per cent and (-) 22.83 per cent respectively while Commercial vehicles and Two wheelers registered growth at 12.66 per cent and 24.66 per cent respectively in April 2014 as compared to the corresponding month in the year 2013.
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