CV sales lag

Commercial Vehicle - - WHAT'S INSIDE -

Com­mer­cial Ve­hi­cle (CV) sales con­tin­ued to lag in May 2017. The In­dian auto in­dus­try pro­duced 4,675,407 ve­hi­cles, in­clud­ing CVs and three wheel­ers in the pe­riod be­tween April-May 2017, record­ing a growth of 8.39 per cent, as against the pro­duc­tion of 4,313,445 in April-May 2016. In the April-May 2017 pe­riod, 94,947 CVs were sold, down (-) 14.40 per cent, as com­pared to 110,924 CVs sold in the cor­re­spond­ing pe­riod last fis­cal. In May 2017, 53,457 CVs were sold, down (-) 6.36 per cent, as against the sale of 57,089 num­bers in the cor­re­spond­ing month last fis­cal. In April-May 2017, 68,485 three wheel­ers were sold, down (-) 24.84 per cent, as com­pared to the sale of 91,124 three wheel­ers in the cor­re­spond­ing pe­riod last fis­cal. In May 2017, 36,066 three wheel­ers were sold, down (-) 22.4 per cent, as against the sale of 46,479 num­bers in the cor­re­spond­ing month last fis­cal. In April-May 2017, 27,318 M&HCVs were sold, down (-) 43.63 per cent, as against the sale of 48,466 units in the cor­re­spond­ing pe­riod last fis­cal. In May 2017, 16,716 M&HCVs were sold, down (-) 33 per cent, as against the sale of 24,951 num­bers in the cor­re­spond­ing pe­riod last fis­cal. In April-May 2017, 67,629 LCVs were sold, up 8.28 per cent, as com­pared to the sale of 62,458 units in the cor­re­spond­ing pe­riod last fis­cal. In May 2017, 36,741 LCVs were sold, up 14.32 per cent, as com­pared to the sale of 32,138 units in the cor­re­spond­ing month last fis­cal. In April-May 2017, over­all au­to­mo­bile ex­ports grew by 19.29 per­cent. A to­tal of 651,936 au­to­mo­biles were ex­ported in the re­spec­tive pe­riod as com­pared to the ex­port of 546,517 au­to­mo­biles in April-May 2016. In AprilMay 2017, 10,697 CVs were ex­ported, down (-) 33.27 per cent, as com­pared to the ex­port of 16,031 CVs in the cor­re­spond­ing pe­riod last fis­cal. In May 2017, 6,635 CVs were ex­ported, down (-) 27.49 per cent, as com­pared to the ex­port of 9,150 units in May 2016. In April-May 2017, 5,763 M&HCVs were ex­ported, down (-) 5.56 per cent, against the ex­port of 6,102 num­bers in the cor­re­spond­ing pe­riod last fis­cal. In May 2017, 3,523 M&HCVs were ex­ported, up 1.18 per cent, as com­pared to the ex­port of 3,482 M&HCVs ex­ported in the cor­re­spond­ing month last fis­cal. In April-May 2017, 4,934 LCVs were ex­ported, down (-) 50.31 per cent, as com­pared to the ex­port of 9,929 units in the cor­re­spond­ing pe­riod last fis­cal. In May 2017, 3,112 LCVs were ex­ported, down (-) 45.1 per cent, as com­pared to the ex­port of 5,668 units in May 2016. In April-May 2017, 53,573 three wheel­ers were ex­ported, up 35.76 pr cent, as com­pared to the ex­port of 39,461 units dur­ing the cor­re­spond­ing pe­riod last fis­cal. In May 2017, 27,150 there wheel­ers were sold, up 27.31 per cent, as com­pared to the ex­port of 21,326 units dur­ing the same pe­riod last fis­cal.

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