Part
of the good news for the month of April 2014 with respect to automobile sales
in the Indian auto industry came in the form of exports of utility vehicles
(mainly driven by exports of Renault Duster and Ford EcoSport). Exports of UVs
grew by 303.40pc from 1620 units in April 2013 to 6535 units in April
2014. In the domestic market, however,
sales grew marginally by 0.27pc, from 40570 units in April 2013 to 40680 units
in April this year.
Good
news also came in the form of increased two-wheeler sales both in the domestic
market as well as exports. According to the data provided by the Society of
Indian Automobile Manufacturers (SIAM), scooters and scooterettes sold 329680
units in April 2014 as compared to 261475 units in the corresponding month last
year, thereby registering a growth of 26.08pc. In the export market, these
vehicles sold 9407 units as compared to 4786 units last April 2013, a growth of
96.55pc.
Meanwhile,
the industry as a whole produced a total 1,861,849 vehicles including passenger
vehicles, commercial vehicles, three wheelers and two wheelers in April 2014 as
against 1,687,243 in April 2013, registering a growth of 10.35 percent over the
same month last year. The growth continues to be on account of growth in two
wheelers production.
Domestic Sales
The
sales of passenger vehicles declined by (-) 9.50pc in April 2014 over the same month
last year. Within the Passenger Vehicles, Passenger Cars and Vans dropped by
(-) 10.15pc and (-) 27.04 pc respectively, while Utility Vehicles grew
marginally by 0.27 percent in April 2014 over the same month last year
The
overall Commercial Vehicles segment registered a de-growth of (-) 24pc in April
2014 as compared to same month last year. Medium & Heavy Commercial
Vehicles (M&HCVs) registered negative growth at (-) 17.09pc and Light
Commercial Vehicles also dropped by (-) 27.37pc.
Three
Wheelers sales declined by (-) 2.17pc in April 2014 over the same month last
year. Passenger Carriers and Goods Carriers declined by (-) 2.62pc and (-) 0.46
pc respectively in April 2014 over April 2013.
Two
Wheelers sales registered growth of 11.67pc in April 2014 over April 2013.
Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds grew by 26.08pc,
8.06pc and 0.23pc respectively in April 2014 over April 2013.
Exports
In April
2014, overall automobile exports grew by 12.98pc. Passenger Vehicles and Three
Wheelers registered de-growth at (-) 0.95pc and (-) 22.83pc respectively while
Commercial vehicles and Two wheelers registered growth at 12.66pc and 24.66pc
respectively in April 2014 over April 2013.
Source: SIAM/ Picture for representation purpose only
: Ford EcoSPort