Auto Industry Declines for Four Successive Months

Chennai:

The industry produced 1,737,548 vehicles in May 2013 as against 1,811,515 in May 2012, a decline of 4.08 per cent over the same month last year, according to Society of Indian Automobile Manufacturers (SIAM).

The overall domestic sales during April-May 2013 declined by 0.64 percent over the same period last year.

The overall sales in Passenger Vehicles declined by 8.56 percent during April-May 2013 over the same period last year. Within the Passenger Vehicles, passenger cars and vans dropped by 11.33 percent and 10.88 percent respectively, while utility vehicles grew marginally by 4.08 percent during April-May 2013 compared to the same period last year.

The overall Commercial Vehicles segment registered de-growth of 5.20 percent in April-May 2013 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) registered negative growth at 12.11 percent and Light Commercial Vehicles also dropped by 1.36 percent.

Three Wheelers sales recorded marginal growth of 1.47 percent in April-May 2013 over the same period last year. Passenger Carriers and Goods Carriers grew by 1.48 percent and 1.44 percent respectively in April-May 2013 over April-May 2012.

Two Wheelers registered marginal growth of 1.04 percent during April-May 2013 over April-May 2012. Within the Two Wheelers mopeds and motorcycles declined by 11.45 percent and 1.38 percent respectively, while scooters grew by 13.88 percent in April-May 2013 over April-May 2012.

During April-May 2013 overall automobile exports declined by 8.62 percent. Passenger Vehicles and Three Wheelers grew by 7.34 percent 26.53 percent respectively, while Commercial Vehicles and Two Wheelers dropped significantly by 19.62  and 16.50 percent respectively in April-May 2013 over April-May 2012.