Three wheel­ers and LCVs dom­i­nate

Commercial Vehicle - - WHAT'S INSIDE -

In April-Jan­uary 2018, the In­dian au­to­mo­bile in­dus­try wit­nessed an over­all pro­duc­tion growth of 13.20 per cent with 23,890,166 units pro­duced against 21,104,750 units in the cor­re­spond­ing pe­riod last year. The in­dus­try was able to sell 20,637,906 units against 18,262,872 units at a sim­i­lar growth rate. The com­mer­cial ve­hi­cle in­dus­try pro­duced 694,929 units, up by 6.32 per cent against 653,635 units over the last year. A to­tal of 659,997 units were sold against 559,889 units, up by 17.88 per cent over the same pe­riod last year. M&HCV pro­duc­tion in con­trast dipped by 4.7 per cent reg­is­ter­ing pro­duc­tion fig­ures of 261,584 units against 274,394 units. The to­tal M&HCVs sold off dur­ing the pe­riod were 257,001 units, up by 10.45 per cent against 232,695 units. A to­tal of 402,996 light com­mer­i­cal ve­hi­cle units were sold, up from 327,194 units, up by 23.17 per cent. In the three wheeler seg­ment, a growth of 14.46 per cent was regis­tered with to­tal sales of 500,770 units against 437,523 units sold the same pe­riod last year. In Jan­uary 2018, the in­dus­try sold a to­tal of 85,660 com­mer­cial ve­hi­cle units against 61,305 units over the same pe­riod last year, reg­is­ter­ing an over­all growth of 39.72 per cent. In the M&HCV seg­ment, against 28,770 units sold in Jan­uary 2017, to­tal num­ber of 34,170 units were sold in Jan­uary 2018, up by 18.76 per cent. In the LCV seg­ment, the in­dus­try sold 51,490 units, up by 58.26 per cent against 32,535 units sold in Jan­uary 2017. A to­tal of 62,543 three­wheel­ers were sold in Jan­uary 2018 against 31,345 units sold in Jan­uary 2017, up by 99.53 per cent.

Ex­ports

In April-Jan­uary 2018, the au­to­mo­bile in­dus­try was able to ex­port a to­tal of 3,318,551 units, up by 14.80 per cent over last year. How­ever the CV seg­ment wit­nessed a dip by (-) 15.28 per cent where the to­tal num­ber of units ex­ported were 77,352, down from 91,305 units in the cor­re­spond­ing year. In case of M&HCVs, there was a mar­ginal in­crease of less about 0.17 per cent. M&HCVs posted an ex­port fig­ure of 36,001 units in April-Jan­uary 2018 against 35,941 units sold over the last year. In the same time frame, a ma­jor dip was ex­pe­ri­enced by the LCV ex­port seg­ment at (-) 25.31 per cent to post 41,351 units against 55,364 units in April-Jan­uary 2018. How­ever, the good news came in from the three wheeler seg­ment, where 316,999 units were ex­ported, up by 33.58 per cent against 237,309 units sold last year.

In the month of Jan­uary 2018, the over­all units ex­ported across the en­tire com­mer­cial ve­hi­cle seg­ment were 9,242, up by 13.44 per cent against 8,147 units sold last year. M&HCV seg­ment in the ex­port mar­ket also wit­nessed a growth of 4.5 per cent, sell­ing 4,506 units against 4,310 units sold last year. LCV seg­ment regis­tered an ex­port sales fig­ure of close to 4,736 units, up by 23.43 per cent against 3,837 units sold in the cor­re­spond­ing pe­riod last year. The to­tal three wheel­ers ex­ported in the month of Jan­uary 2018 were 34,098 units against 20,143 units last year, reg­is­ter­ing a growth of 69.27 per cent.

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