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Automotive Product Finder Magazine | Auto industry on a downfall
Auto industry on a downfall
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The Society of Indian Automobile Manufacturers (SIAM), in an official communiqué observed that the auto industry had registered a decline in sales by 9.31 per cent over the period of April-May 2019. The industry produced a total 4,879,375 vehicles in April-May 2019 as against 5,380,019 in April-May 2018.
The sale of passenger vehicles has declined by 18.82 per cent. The sale for passenger cars, utility vehicle & vans declined by 22.98 per cent, 6.15 per cent and 28.57 per cent respectively.
The overall commercial vehicles segment registered a decline of 8.05 per cent, Medium & heavy commercial vehicles declined by 16.72 per cent, and light commercial vehicles declined by 2.44 per cent in April-May 2019 over the same period last year.
Three wheelers sales have declined by 6.56 per cent. Among three wheelers, passenger carrier sales registered 7.55 per cent decline and goods carrier declined by 2.53 per cent.
Two wheelers sales registered a fall of 11.68 per cent. Among these, Scooters, Motorcycles and Mopeds declined by 17.67 per cent, 8.36 per cent and 17.72 per cent respectively.
Indian Automobile Manufacturers
Motorcycles And Mopeds
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