The Society of Indian Automobile Manufacturers has released sales numbers and according to the report, the Indian automotive industry has shown a decline in the sales figures as compared to last year for the same period.
The commercial vehicle market was down by 8.05%. Where the medium and heavy commercial vehicles saw a decline of 16.72% and the light commercial vehicle market saw a decline of 2.44% in April0May 2019 as compared to the figures from last year during the same period.
The passenger car sales declined by 22.98%, utility vehicles sales were down by 6.15% and vans down by 28.57%, making an 18.82% total decline within the passenger vehicle segment in April-May 2019.
The three-wheeler market saw a dip by 6.56%, where goods carrier were down by 2.53% and the passenger carrier sales down by 7.55%.
In the two-wheeler segment, the growth was down by 11.68% and within the sector, the scooters saw minus 17.67%, motorcycles by minus 8.36% and mopeds by minus 17.72% growth in April-May 2019.
Similarly, the exports have also declined and the overall numbers were down by 0.27% in April-May 2019, where commercial vehicles and three-wheelers contributed to a de-growth of 55.01% and 10.91% respectively. But, the passenger vehicles show positive growth of 5.24% and two-wheelers show a growth of 1.65%.
The complete analysis can be summarised by looking at the sales statistics from Vahan Dashboard and SIAM:-
|Category||2018||2019||Change in percentage||2018||2019||Change in Percentage|
|LIGHT MOTOR VEHICLE(NT)||253,356||249,796||-1.41%||500,543||500,107||-0.09%|
|LIGHT PASSENGER VEHICLE||20,573||20,138||-2.11%||40,780||37,168||-8.86%|
|FOUR WHEELER (Invalid Carriage)||108||114||5.56%||210||225||7.14%|
|TOTAL PASSENGER VEHICLES||274,037||270,048||-1.46%||541,533||537,500||-0.74%|
|HEAVY GOODS VEHICLE||22,924||19,920||-13.10%||50,257||42,891||-14.66%|
|HEAVY MOTOR VEHICLE(NT)||461||227||-50.76%||922||523||-43.28%|
|HEAVY PASSENGER VEHICLE||1,908||2,388||25.16%||3,855||4,689||21.63%|
|LIGHT GOODS VEHICLE||50,984||46,048||-9.68%||103,410||92,695||-10.36%|
|MEDIUM GOODS VEHICLE||3,274||3,522||7.57%||6,870||7,306||6.35%|
|MEDIUM MOTOR VEHICLE(NT)||653||1,005||53.91%||1,288||1,982||53.88%|
|MEDIUM PASSENGER VEHICLE||1,882||2,273||20.78%||3,379||3,807||12.67%|
|TOTAL COMMERCIAL VEHICLES||82,086||75,383||-8.17%||169,981||153,893||-9.46%|
|TOTAL THREE WHEELERS||53,108||50,828||-4.29%||107,539||98,967||-7.97%|
|TWO WHEELER (Invalid Carriage)||479||403||-15.87%||726||947||30.44%|
|TOTAL TWO WHEELERS||1,540,377||1,403,073||-8.91%||2,950,058||2,728,643||-7.51%|