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Automotive Product Finder Magazine | Auto industry witnesses decline across all segments
Auto industry witnesses decline across all segments
itelligence successfully deploys SAP DMS Solution at MG India
Mahindra new global SUV project codenamed W601 to be branded XUV700
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June
The auto industry produced a total of 2,363,376 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April 2019 as against 2,646,257 in April 2018, registering a decline of (-) 10.69 per cent over the same month last year. The sale of PVs declined by (-) 17.07 per cent in April 2019 over the same month last year. Within the PVs, the sales for passenger cars, utility vehicles and vans declined by (-) 19.93 per cent, (-) 6.67 percent and (-) 30.11 percent respectively in April 2019 over the same month last year. The overall CVs segment registered a decline of (-) 5.98 per cent in April 2019 as compared to the same month last year. Medium & Heavy Commercial Vehicles (M&HCVs) declined by (-) 13.56 per cent and Light Commercial Vehicles declined by (-) 1.10 per cent in April 2019 over the same month last year. Three-wheelers’ sales declined by (-) 7.44 per cent in April 2019 over the same month last year. Two-wheelers’ sales registered a de-growth of (-) 16.36 per cent in April 2019 over April 2018.
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