Society of Indian Automobile Manufacturers has released the following update
Production
The cumulative production data for April to November shows overall production growth of 15.46% over same period last year. However, productions of buses registered de-growth during this time and cars grew only marginally. Production in November 2011 registered growth at 28.33% as compared to November 2010.
Domestic Sales
The overall sales growth rate recorded for April to November 2011 was 13.08%. In the month of November 2011 registered growth at 22.22% as compared to November 2010.
Passenger Vehicles segment declined by (-) 0.50% during April to November 2011 over same period last year. Passenger Cars recorded de-growth of (-) 3.53%, Utility Vehicles grew by 11.05% and Vans grew by 10.26% in this period. In November 2011, Passenger Cars and Utility Vehicles recorded growth at 7.00% and 32.39%. Vans recorded de-growth at (-) 8.29% respectively. And growth in overall Passenger Vehicles growth at 8.30% in the month of November 2011
The overall Commercial Vehicles segment registered growth of 19.95% during April to November 2011 as compared to the same period last year. While Medium & Heavy Commercial Vehicles registered growth of 9.39%, Light Commercial Vehicles grew at 29.26%. However, in the month of November 2011 over November 2010, the growth in sales of the overall CV segment was 34.99%.
Three Wheelers sales recorded marginal growth of 0.37% in April to November 2011. While Passenger Carriers registered decline by (-) 2.95% during April to November 2011, Goods Carriers registered growth of 15.34%.
Two Wheelers registered a growth of 16.11 percent during April to November 2011. Mopeds, Motorcycles and Scooters grew by 10.99%, 14.87% and 23.40% respectively.
If we compare November 2011 to November 2010, the growth figures for two wheelers was at 25.27%. Three Wheelers registered growth at 5.85% in the month of November 2011.
Exports
During April to November 2011, overall automobile exports registered a growth rate of 30.68%. Passenger Vehicles registered growth at 21.15% in this period. Two Wheelers, Commercial Vehicles and Three Wheelers segments recorded growth of 31.09%, 25.95% and 44.21% respectively during April-November 2011.
