DOWNWARD TREND PERSISTS
The Indian auto industry produced a total of 14,427,724 vehicles in April-September 2019, registering a decline of (-) 13.32 per cent, as against the production of 16,645,330 vehicles in April-September 2018. In April-September 2019, 11,736,976 vehicles were sold, down by (-) 17.08 per cent, as compared to the sale of 14,154,463 vehicles in April-September 2018. In September 2019, 2,004,932 vehicles were sold, down by (-) 22.41 per cent, as compared to the sale of 2,584,062 vehicles in September 2018. In April-September 2019, 375,480 Commercial Vehicles (CVs) were sold, decline of (-) 22.95 per cent, as compared to the sale of 487,319 CVs in AprilSeptember 2018.
In September 2019, 58,419 CVs were sold, down by (-) 39.06 per cent, as compared to 95,870 units in September 2018. In April-September 2019, 122,521 M&HCVs were sold, a de-growth by (-) 35.79 per cent, as compared to the sale of 11,90,801 units in AprilSeptember 2018. In September 2019, 14,855 M&HCVs were sold, down by (-) 62.11 per cent, as compared to the sale of 39,210 units in September 2018. In AprilSeptember 2019, 252,959 LCVs were sold, down by (-) 14.69 per cent, as compared to the sale of 296,518 units in April-September 2018. In September 2019, 43,564 LCVs were sold, down by (-) 23.11 per cent, as compared to the sale of 56,660 units in September 2018. In AprilSeptember 2019, 330,696 three wheelers were sold, down by (-) 6.66 per cent, as compared to the sale of 354,279 units in April-September 2018. In September 2019, 66,362 three wheelers were sold, down by (-) 3.92 per cent, as compared to the sale of 66,066 units in September 2018.
Exports
In April-September 2019, 30,564 CVs were exported, showing (-) 41.58 per cent decline, as compared to the export of 52,319 units in April-September 2018. In September 2019, 7,062 CVs were exported, going south by (-) 29.53 per cent, as compared to the export of 10,021 CVs in September 2019. In April-September 2019, 11,986 M&HCVs were exported, down by (-) 52.56 per cent, as compared to the export of 25,264 units in April-September 2018. In September 2019, 2,666 M&HCVs were exported, down by (-) 45.06 per cent, as compared to the export of 4,853 units in September 2018. In April-September 2019, 18,578 LCVs were exported, down by (-) 31.33 per cent, as compared to the export of 27,055 units in April-September 2018. In September 2019, 4,396 LCVs were exported, down by (-) 14.94 per cent, as compared to export of 5,168 units in September 2018. In April-September 2019, 256,403 three wheelers were exported, down by (-) 11.59 per cent, as compared to the export of 290,023 units in April-September 2018. In September 2019, 45,029 three wheelers were exported, down by (-) 7.60 per cent, as compared to the export of 48,733 units in September 2018.