Sentiments run lower

The Indian auto industry produced a total 23,861,485 vehicles including passenger vehicles, Commercial Vehicles (CVs), three wheelers, two wheelers and quadricycles in April-December 2018 as against 21,432,030 units in AprilDecember 2017, registering a growth of 11.34 per cent over the same period last year. In December 2018, 1,916,101 were produced, down (-) 0.70 per cent, as compared to 1,929,528 units produced in December 2017. In April-December 2018, 818,065 CVs were produced, up 35.56 per cent as compared to 603,461 units produced in the same period last fiscal. In December 2018, 68,714 CVs were produced, down (-) 7.94 per cent as compared to 74,643 CVs in the corresponding month last year. In AprilDecember 2018, 723,262 CVs were sold, up 25.86 per cent as compared to 574,678 units sold in the corresponding period last fiscal. In December 2018, 75,984 CVs were sold, down (-) 7.8 per cent as compared to 82,409 CVs sold in December 2017. In April-December 2018, 278,271 Medium & Heavy Commercial Vehicles (M&HCVs) were sold, up 24.69 per cent as compared to 223,178 units in the corresponding period last fiscal. In December 2018, 31,299 M&HCVs were sold, down

(-) 20.73 per cent as compared to 39,486 units sold in December 2017. In April-December 2018, 444,991 Light Commercial Vehicles (LCVs) were sold, up 26.6 per cent as compared to 351,500 units sold in the corresponding period last fiscal. In December 2018, 44,685 LCVs were sold, up 4.11 per cent as compared to 42,923 LCVs sold in December 2017. In April-December 2018, 520,813 three wheelers were sold, up 18.85 per cent as compared to 438,227 units sold in the corresponding period last fiscal. In December 2018, 43,650 three wheelers were sold, down (-) 23.39 per cent as compared to 56,980 units sold in December 2017.

Exports

In April-December 2018, overall automobile exports grew by 18.53 per cent at 3,531,297 units as compared to 2,979,141 units in the corresponding period last fiscal. In April-December 2018, 75,595 CVs were exported, up 10.99 per cent as compared to 68,110 CVs exported in the corresponding period last fiscal. In December 2018, 7,255 CVs were exported, down (-) 31.58 per cent as compared to 10,603 units exported in December 2017. In April-December 2018, 37,352 M&HCVs were exported, up 18.6 per cent as compared to 31,495 units exported in the corresponding period last fiscal. In December 2018, 4,068 M&HCVs were exported, down (-) 13 per cent as compared to 4,676 units exported in December 2017. In April-December 2018, 38,243 LCVs were exported, up 4.45 per cent as compared to 36,615 LCVs exported in the corresponding period last fiscal. In December 2018, 3,187 LCVs were exported, down (-) 46.23 per cent as compared to 5,927 units exported in December 2017. In April-December 2018, 428,458 three wheelers were exported, up 51.45 per cent as compared to 282,901 units exported in the corresponding period last fiscal. In December 2018, 39,350 three wheelers were exported, up 1.88 per cent as compared to 38,622 units exported in December 2017. CV

Summary Report: Cumulative Production, Domestic Sales & Exports data for the period of April-December 2018 and Growth (Number of Vehicles) Report 1 Production Domestic Sales

April-December April-December