The cumulative vehicle production data for April-February 2012 shows overall output growth of 14.56 per cent over the same period last year. Production in February 2012 registered growth of 14.62 per cent as compared to February 2011, according to the figures released by SIAM.
The overall sales growth rate recorded for April-February 2012 was 12.46 per cent. In February 2012, domestic sales registered growth at 12.07 per cent as compared to February 2011.
Passenger vehicles recovered marginally at 2.95 per cent during April-February over the same period last year. Passenger cars recorded marginal growth of 0.31 per cent, utility vehicles grew by 14.66 per cent and vans grew by 10.01 per cent in this period. In February, passenger cars, vans and utility vehicles recorded growth of 13.12 per cent, 25.34 per cent and 30.04 per cent respectively, and growth in overall passenger vehicles was 16.07 per cent in February 2012.
The overall commercial vehicles segment registered growth of 18.63 per cent during April-February 2012 as compared to the same period last year. While medium & heavy commercial vehicles (M&HCVs) registered growth of 9.23 per cent, light commercial vehicles grew at 26.85 per cent. However, in February 2012 over February 2011, the growth in sales of the overall CV segment was 18.70 per cent.
Three-wheelers sales recorded further de-growth of (-) 1.78 per cent in April-February 2012. While passenger carriers registered decline of (-) 4.12 per cent during April-February 2012, goods carriers registered growth of 8.32 per cent.
Two-wheelers registered a growth of 14.77 per cent during April-February 2012. Mopeds, motorcycles and scooters grew by 10.86 per cent, 13.12 per cent and 23.28 per cent respectively. The growth for two-wheelers in February was 11.96 per cent. Three-wheelers registered de-growth of (-) 13.58 per cent in the month of February.
During April-February 2012, overall automobile exports registered a growth rate of 26.12 per cent. Passenger vehicles registered growth at 16.17 per cent in this period. Two-wheeler, commercial vehicle and three-wheeler segments recorded growth of 26.86 per cent, 28.17 per cent and 37.05 per cent respectively during the period.
In February 2012 as compared to February 2011, overall automobile exports registered a growth of only 5.70 per cent.