Indian auto industry passenger vehicle domestic sales growth is reported at 2.68% in April-November 2014 over the same 8 months last year. In Passenger Vehicles segment, passenger cars and utility vehicle sales growth was 3.82% and 5.24%, respectively. Van sales decline is pegged at 13.70% through April-November 2014.
Overall Commercial Vehicles segment reports 7.27% sales decline through April-November 2014 over the same 8 months last year. Medium & Heavy Commercial Vehicles (M&HCVs) sales growth is reported at 5.30%, while Light Commercial Vehicles’ sales declined by 12.90%.
Three Wheelers growth is reported at 14.20%. Passenger Carriers and Goods Carriers’ sales growth is reported at 15.49% and 8.46%, respectively in April-November 2014 over April-November 2013.
Two Wheeler sales growth is reported at 11.84% in April-November 2014 over April-November 2013. Scooters, Motorcycles and Mopeds sales growth is reported as 28.19%, 6.58% and 9.84% respectively in April-November 2014 over April-November 2013.
In April-November 2014, overall automobile exports grew by 21.31% over the same period last year. Passenger Vehicles, Commercial Vehicles, Three Wheelers and Two Wheelers grew by 2.79%, 14.26%, 21.45%, and 27.04% respectively in these 8 months over the same period in 2013.