Positive growth continues

The Indian industry produced a total 25,316,044 vehicles including passenger vehicles, Commercial Vehicles (CVs), three wheelers, two wheelers and quadricycle in the period between April and March 2017 as against 24,016,599 in the same period last fiscal, registering a growth of 5.41 percent over the same period last year. The industry sold a total of 21,862,128 vehicles in April-March 2017, up 6.81 per cent, as against the sale of 20,468,971 vehicles in AprilMarch 2016. In April-March 2017, 714,232 CVs were sold, up 4.16 per cent, as compared to 685,704 sold in April-March 2016. In March 2017, 87,257 CVs were sold, up 9.26 per cent, as compared to 79,865 CVs sold in March 2016. In the April-March 2017 period, 302,529 M&HCVs were sold, up 0.04 per cent, as compared to 302,397 M&HCVs sold in AprilMarch 2016. In March 2017, 39,353 M&HCVs were sold, up 5.97 per cent, as compared to 37,137 M&HCVs sold in March 2016. In the period April-March 2017, 411,703 LCVs were sold, up 7.41 per cent, as compared to 383,307 LCVs sold during April-March 2016. In March 2017, 47,904 LCVs were sold, up 12.11 per cent, as compared to 42,728 LCVs sold in March 2016. In the period April-March 2017, 511,658 three wheelers were sold, down (-) 4.93 per cent, as compared to 538,208 three wheelers sold in April-March 2016. In March 2017, 39,000 three wheelers were sold, down (-) 23.72 per cent, as compared to 51,128 three wheelers sold in March 2016. In April-March 2017, 3,479,824 automobiles were exported, down (-) 4.5 per cent, as compared to 3,643,828 exported in April-March 2016. In March 2017, 304,704 automobiles were exported, up 13.59 per cent, as compared to 268,246 exported during April-March 2017. In March 2017, 9,244 CVs were exported, down (-) 12.32 per cent, as against the export of 10,543 CVs in March 2016. In March 2017, 4,192 M&HCVs were exported, up 4.15 per cent, as compared to 4,025 M&HCVs exported in March 2016. In March 2017, 5,052 LCVs were exported, down (-) 22.49 per cent, as against 6,518 LCVs sold in March 2016. In April-March 2017, 271,894 three wheelers were exported, down (-) 32.77 per cent, as against the export of 404,441 three wheelers in the period April-March 2016. In March 2017, not a single quadricycle was exported as against the export of 130 quadricycles in March 2016.