An overall of 34348 three wheelers were sold in Indian market for the month of April 2013, recording a growth of 7.19 % as compared against the same month last year. Both passenger and good segments performs well, marking 7.24% and 7% increases in sales respectively in comparison with the same month last year.
Bajaj Auto continues to perform well in this segment with a 16.56 % increase in sales for April 2013 as compared with same month last year. Piaggio and Atul Auto also are on the positive lane while M&M suffers a decline. Bajaj Auto also better their market share from 47.38% to 51.50% in the month of April this year as against same month of 2012.
Piaggio and Mahindra continues their climb up the ladder. Piaggio is market leader in this segment since sometime and now increased their share to 55% for the month of April 2013 as compared against last year’s April. Mahindra also gained some market share.
* Source – ACG, SIAM.