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Vehicle production up marginally for April-July period

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The cumulative vehicle production data for April-July 2012 shows production growth of 7.10 percent over the same period last year. According to the Society of Indian Automobile Manufacturers the industry produced 1,746,840 vehicles in July 2012 as against 1,656,014 in July 2011.

 

Domestic Sales

The overall growth in domestic sales during April-July 2012 was 9.34 percent over the same period last year. Passenger Vehicles segment grew at 10.20 percent during April-July 2012 over same period last year. Passenger cars grew by 5.55 percent, utility vehicles grew by 53.66 percent and vans grew by (-12.73) percent during April-July 2012 as compared to same period last year.

The overall commercial vehicles segment registered growth of 4.74 percent in April-July 2012 as compared to the same period last year. While medium & heavy commercial vehicles (M&HCVs) registered negative growth at (-12.75) percent, Light Commercial Vehicles grew at 18.02 percent.

Three wheelers sales recorded marginal growth at 0.81 percent in April-July 2012. Passenger carriers grew by 4.93 percent during April-July 2012 and Goods Carriers registered de-growth at (-13.62) percent during this period.

Two wheelers registered a growth of 9.75 percent during April-July 2012. Mopeds, Motorcycles and Scooters grew by 4.02 percent, 6.35 percent and 26.71 percent respectively in the period of April-July 2012.

GoodReturns.in

Read more about: siam
Story first published: Thursday, August 9, 2012, 12:26 [IST]
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