Sales data revealed! Passenger Vehicles to 2-Wheelers, know all the figures for Q1
Society of Indian Automobile Manufacturers (SIAM) has released the sales figures for Q1 (April to June) 2019-20. Here are key details of production, domestic sales and exports data:-
Society of Indian Automobile Manufacturers (SIAM) has released the sales figures for Q1 (April to June) 2019-20. Here are key details of production, domestic sales and exports data:-
PRODUCTION
The industry produced a total 7,215,513 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in April-June 2019 as against 8,064,744 in April-June 2018, registering a de-growth (-) 10.53 percent over the same period last year.
DOMESTIC SALES
The sale of Passenger Vehicles declined by (-)18.42 percent in April-June 2019 over the same period last year. Within the Passenger Vehicles, the sales for Passenger Cars, Utility Vehicle & Vans declined by (-) 23.32 percent, (-) 4.53 percent and (-) 25.66 percent respectively in April-June 2019 over the same period last year.
The overall Commercial Vehicles segment registered a decline of (-) 9.53 percent in April-June 2019 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) declined by (-) 16.60 percent and Light Commercial Vehicles declined by (-) 5.06 percent in April-June 2019 over the same period last year.
Three Wheelers sales declined by (-) 7.35 percent in April-June 2019 over the same period last year. Within the Three Wheelers, Passenger Carrier sales registered a de-growth of (-) 8.74 percent and Goods Carrier declined by (-) 1.45 percent in April-June 2019 over April-June 2018.
Two Wheelers sales registered a de-growth of (-) 11.68 percent in April-June 2019 over April-June 2018. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds declined by (-) 16.72 percent, (-) 8.76 percent and (-) 19.02 percent respectively in April-June 2019 over April-June 2018.
EXPORTS
In April-June 2019, overall automobile exports grew by 0.16 percent where Passenger Vehicles and Two Wheelers exports grew by 3.55 percent and 3.12 percent respectively. However Commercial Vehicles and Three Wheelers registered a de-growth of (-) 52.41 percent, and (-) 12.97 percent respectively in April-June 2019 over the same period last year.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Tata Motors, Muthoot Finance and 3 more: Axis Direct recommends buying these stocks for 2 weeks; check targets, stop losses
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
06:16 PM IST