Pos­i­tive growth con­tin­ues

Commercial Vehicle - - WHAT'S INSIDE -

The In­dian auto in­dus­try pro­duced 10,882,706 ve­hi­cles in April-July 2018 as against 9,325,907 in April-July 2017, reg­is­ter­ing a growth of 16.69 per cent over the same pe­riod last year. Com­mer­cial Ve­hi­cles reg­is­tered a growth of 45.42 per cent in AprilJuly 2018 with the sale of 306,592 units as com­pared to the sale of 210,832 units in the same pe­riod last year. In July 2018, 76,497 CVs were sold, reg­is­ter­ing a growth of 29.65 per cent as against a sale of 59,001 units in the same pe­riod last year. Medium & Heavy Com­mer­cial Ve­hi­cles (M&HCVs) sale in­creased by 64.73 per cent with the sale of 117,326 units in April-July 2018 when com­pared to the sale of 71,223 units dur­ing the same pe­riod last year. In July 2018, 28,299 M&HCVs were sold, up 24.50 per cent, as com­pared to the sale of 22,730 units in the same month last year. The sale of Light Com­mer­cial Ve­hi­cles (LCVs) grew by 35.57 per cent in April-July 2018 by clock­ing 189,266 units as com­pared to 139,609 units in the same pe­riod last year. In July 2018, 48,198 LCVs were sold, reg­is­ter­ing a growth of 32.88 per cent as com­pared to 36,271 units sold in the same month last year. Three Wheel­ers sales in­creased by 51.82 per cent in April-July 2018 at 222,014 units as com­pared to the sale of 146,237 units dur­ing the cor­re­spond­ing pe­riod last year.

Ex­ports

In April-July 2018, over­all ex­ports grew by 26.56 per cent at 1,592,589 units as com­pared to 1,258,350 units ex­ported in the cor­re­spond­ing pe­riod last year. CV ex­ports reg­is­tered a growth of 38.23 per cent in April-July 2018 at 33,011 units as com­pared to the ex­port of 23,882 units over the same pe­riod last year. In July 2018, 8,618 CVs were ex­ported, reg­is­ter­ing a growth of 30.85 per cent as com­pared to 6,586 units in the same month last year. In April-July 2018, 15,491 M&HCVs were ex­ported, up 29.42 per cent, as com­pared to 11,970 units in the same pe­riod last year. In July 2018, 4,292 were ex­ported, up 37.21 per cent, as against 3,128 units in the same month last year. In April-July 2018, 17,520 LCVs were ex­ported, up 47.08 per cent, as com­pared to 11,912 units ex­ported in the cor­re­spond­ing pe­riod last year. In July 2018, 4,326 LCVs were ex­ported, up 25.10 per cent, as com­pared to 3,458 units sold in the same month last year. In April-July 2018, 189,780 three wheel­ers were ex­ported, reg­is­ter­ing an in­crease of 69.20 per cent, as com­pared to the ex­port of 112,162 units in the same pe­riod last year. In July 2018, 45,939 three wheel­ers were ex­ported, up 52.68 per cent, as com­pared to 30,088 units ex­ported in the same month last year.

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