Overall auto industry growth remains subdued in June

The Society of Indian Automobile Manufactures (SIAM) publishes the industry figures for June.

Production
The industry produced a total 5,750,518 vehicles including passenger vehicles, commercial vehicles, three wheelers and two wheelers in April-June 2015 as against 5,661,908 in April-June 2014, registering a marginal growth of 1.57 percent over the same period last year.

Domestic Sales
The sales of Passenger Vehicles grew by 6.17 percent in April-June 2015 over the same period last year. Within the Passenger Vehicles, Passenger Cars and Vans grew by 8.57 percent, 1.47 percent respectively while Utility Vehicles dropped by (-) 0.57 percent during April-June 2015 over the same period last year

The overall Commercial Vehicles segment registered a growth of 3.55 percent in April-June 2015 as compared to same period last year. Medium and Heavy Commercial Vehicles (M&HCVs) registered a growth at 23.23 percent while Light Commercial Vehicles declined by (-) 7.37 percent during April-June 2015 over the same period last year.

Three Wheelers sales declined by (-) 6.77 percent in April-June 2015 over the same period last year. Passenger Carriers and Goods Carriers declined by (-) 7.97 percent and (-) 1.51 percent respectively in April-June 2015 over April-June 2014.

Two Wheelers sales registered a marginal growth of 0.64 percent in April-June 2015 over April-June 2014. Within the Two Wheelers segment, Scooters and Mopeds grew by 7.25 percent and 3.92 percent respectively while Motorcycles dropped by (-) 1.97 percent in April-June 2015 over April-June 2014.

Exports
In April-June 2015, overall automobile exports grew by 9.22 percent. Passenger Vehicles, Commercial Vehicles, Three Wheelers and Two Wheelers registered a growth at 0.75 percent 26.01 percent 40.05, percent and 6.15 percent respectively in April-June 2015 over April-June 2014.

End