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Auto Industry Ends the Year in Positive Note
Press Release
Tuesday, April 10 | 05:49 PM
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New Delhi : The industry produced a total 29 lacks 75 thousand 605 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-March 2018 as against 25 lacks 330 thousand 967 in April-March 2017, registering a growth of 14.78 percent over the same period last year.

The sale of passenger vehicles grew by 7.89 percent in April-March 2018 over the same period last year. within the passenger vehicles, passenger cars, utility vehicle and vans grew by 3.33 percent, 20.97 percent and 5.78 percent respectively in April-March 2018 over the same period last year.

The overall commercial vehicles segment grew by 19.94 percent in April-March 2018 as compared to the same period last year. Medium & heavy commercial vehicles (M&HCVs) grew by 12.48 percent and light commercial vehicles grew by 25.42 percent in April-March 2018 over the same period last year.

Three wheelers sales grew by 24.19 percent in April-March 2018 over the same period last year. Within the three wheelers, passenger carrier & goods carrier sales registered a growth of 28.65 percent and 7.83 percent respectively in April-March 2018 over April-March 2017.

Two wheelers sales registered a growth at 14.80 percent in April-March 2018 over April-March 2017. Within the two wheelers segment, Scooters and motorcycles grew by 19.90 percent and 13.69 percent respectively, while Mopeds declined by (-) 3.48 percent in April-March 2018 over April-March 2017.

In April-March 2018, overall automobile exports increased by 16.12 percent. Two and three wheelers segments registered a growth of 20.29 percent and 40.13 percent respectively, while passenger vehicles and commercial vehicles declined by (-)1.51 percent and (-) 10.53 percent respectively in April-March 2018 over the same period last year.
 
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