Auto sales improves in January with 7.20 percent car sales growth

The cumulative production data for April-January 2012 shows overall production growth of 14.56 percent over same period last year. Production in January 2012 registered growth of 11.25 percent as compared to January 2011. The overall sales growth rate recorded for April-January 2012 was 12.51 percent. In January 2012, domestic sales registered growth at 12.18 percent as compared to January 2011.

Passenger Vehicles segment recovered marginally at 1.45 percent during April-January 2012 over same period last year. Passenger Cars recorded de-growth of (-) 1.19 percent, Utility Vehicles grew by 13.03 percent and Vans grew by 8.40 percent in this period. In January 2012, Passenger Cars, Vans and Utility Vehicles recorded growth at 7.20 percent, 14.15 percent and 15.72 percent respectively. And growth in overall Passenger Vehicles was at 8.86 percent in the month of January 2012.

The overall Commercial Vehicles segment registered growth of 18.63 percent during April-January 2012 as compared to the same period last year. While Medium & Heavy Commercial Vehicles (M&HCVs) registered growth of 9.70 percent, Light Commercial Vehicles grew at 26.37 percent. However, in the month of January 2012 over January 2011, the growth in sales of the overall CV segment was 13.52 percent.

Three Wheelers sales recorded de-growth of (-) 0.44 percent in April-January 2012. While Passenger Carriers registered decline by (-) 2.92 percent during April-January 2012, Goods Carriers registered growth of 10.36 percent. Two Wheelers registered a growth of 15.06 percent during April-January 2012. Mopeds, Motorcycles and Scooters grew by 10.59 percent, 13.66 percent and 22.76 percent respectively. If we compare January 2012 to January 2011, the growth figures for two wheelers was at 13.63 percent. Three Wheelers registered de-growth at (-) 3.49 percent in the month of January 2012.

During April-January 2012, overall automobile exports registered a growth rate of 28.36 percent. Passenger Vehicles registered growth at 20.64 percent in this period. Two Wheelers, Commercial Vehicles and Three Wheelers segments recorded growth of 28.52 percent, 27.60 percent and 39.70 percent respectively during April-January 2012. In January 2012 compared to January 2011, overall automobile exports registered a growth of 22.93 percent.