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Slowdown signs - Indian auto industry loosing momentum
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Tuesday, 11 Dec 2012
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SIAM announced that the cumulative production data for April-November 2012 shows production growth of only 4.80 percent over same period last year. The industry produced 1,646,495 vehicles in November 2012 as against 1,816,977 in November 2011, a decline of over 9 percent.

Domestic Sales
The overall growth in domestic sales during April-November 2012 was 4.80 percent over the same period last year. However, in November 2012 overall sales grew only marginally by 1.79 percent over November 2011.

Passenger Vehicles segment grew at 9.62 percent during April-November 2012 over same period last year. Passenger Cars grew marginally by 1.28 percent, Utility Vehicles grew by 61.69 percent and Vans grew by 1.04 percent during April-November 2012 as compared to same period last year. However, in November 2012 passenger car sales fell by (-8.25) percent over November 2011. Total passenger vehicles sales grew by only 3.86 percent in November 2012 over same month last year.

The overall Commercial Vehicles segment registered growth of 2.73 percent in April-November 2012 as compared to the same period last year. While Medium & Heavy Commercial Vehicles (M&HCVs) registered decline at (-16.34) percent, Light Commercial Vehicles grew at 16.98 percent. In November 2012 M&HCVs sales declined by (-33.22) percent over November 2011.

Three Wheelers sales grew by 4.84 percent in April-November 2012. Passenger Carriers grew by 8.82 percent during April-November 2012 and Goods Carriers registered de-growth at (-10.28) percent during this period.

Two Wheelers registered a growth of only 4.05 percent during April-November 2012. Scooters, mopeds and motorcycles grew by 20.06 percent, 2.92 percent and 0.29 percent respectively over same period last year. However, in November 2012 Scooters, Mopeds and Motorcycles grew by 6.64 percent, -2.15 percent and 0.05 percent respectively over same period last year.

Exports
During April-November 2012, overall automobile exports registered de-growth of (-4.57) percent compared to the same period last year. Passenger Vehicles grew by 8.03 percent, while the other segments like Commercial Vehicles, Three Wheelers and Two Wheelers fell by -1.37 percent, -23.72 percent and -4.20 percent respectively. In November 2012 Passenger Vehicles segment grew by 24.24 due to growth in Passenger Cars segment, while Commercial Vehicles, Three Wheelers and Two wheelers declined by -21.50 percent, -3.65 percent and -7.29 percent respectively.

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