Momentum lost in November
The Indian auto industry produced a total 17,799,585 vehicles in the duration between April 2016 and November 2016, registering a growth of 10.63 per cent, as against 16,088,825 automobiles produced in the corresponding period last fiscal. A total of 15,420,035 automobiles were sold in the April-November 2016 period, marking a growth of 12.5 per cent, against the sale of 13,707,157 automobiles in the corresponding period the fiscal prior. In the AprilNovember 2016 period, 444,773 CVs were sold, up 4.66 per cent, against the sale of 424,957 units in the corresponding period last fiscal. In November 2016, 45,773 CVs were sold, down (-) 11.58 per cent, against the sale of 51,766 CVs in the corresponding period last year. In November 2016, 17,499 M&HCVs were sold, down (-) 13.13 per cent, against the sale of 20,144 units in the corresponding period last year. In November 2016, 28,274 LCVs were sold, down (-) 10.59 per cent, against the sale of 31,622 LCVs in the corresponding period last year. In November 2016, 33,662 threewheelers were sold, down (-) 25.9 per cent, against the sale of 45,425 units sold during the corresponding period last year.
Exports
A total of 2,333,188 automobiles were exported in April-November 2016, down (-) 7.89 per cent, against the export of 2,532,976 autos in the corresponding period last fiscal. In the April-November 2016 period, 75,104 CVs were exported, up 13.7 per cent, against the export of 66,054 CVs in the corresponding period last fiscal. In November 2016, 8,932 CVs were exported, up 25.15 per cent, against the export of 7,137 CVs in the corresponding period last year. In November 2016, 4,103 M&HCVS were exported, up 71.32 per cent, against the export of 2,395 units in the corresponding period last year. In November 2016, 4,829 LCVs were exported, up 1.83 per cent, against the export of 4,742 LCVs during the corresponding period last year. In November 2016, 23,350 three wheelers were exported, down (-) 15.49 per cent, against the sale of 27,631 units in the corresponding period last year.