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:-
May |
April-May |
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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% |
THREE WHEELER(NT) | 122 | 63 | -48.36% | 238 | 110 | -53.78% |
THREE WHEELER(T) | 52,986 | 50,765 | -4.19% | 107,301 | 98,857 | -7.87% |
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% |
TWO WHEELER(NT) | 1,538,381 | 1,400,545 | -8.96% | 2,946,918 | 2,719,850 | -7.71% |
TWO WHEELER(T) | 1,517 | 2,125 | 40.08% | 2,414 | 7,846 | 225.02% |
TOTAL TWO WHEELERS | 1,540,377 | 1,403,073 | -8.91% | 2,950,058 | 2,728,643 | -7.51% |
GRAND TOTAL | 1,949,608 | 1,799,332 | -7.71% | 3,769,111 | 3,519,003 | -6.64% |