The month of April had mixed success for those involved in the automobile sector. Passenger Car segment and Truck segment suffered decrease in sales. While the bus segment is invigorated by positive growth. Three wheeler segment also shows some consistent growth in terms of sales figures.
Passenger Vehicle Segment
The month of April 2013, witnessed a 10.43% de-growth in sales of passenger cars as compared against same month last year. Consistent performance from Mahindra and Mahindra and good acceptance of Renault Duster motivates the utility vehicle segment, contributes a positive growth of 3.99% in April 2013 compared against the same month last year. Van segment suffered a de-growth of 13.42% .
Truck Segment (Goods carrier)
In April 2013 48,316 trucks were sold in the Indian domestic market as against 48,889 trucks sold during the same month of previous year. This is a 1.17 % decrease in overall sales. Consistent performers in LCV segment gained them a 3.13% growth whereas M&HCV decades by 10.93%.
Commercial vehicle (Passenger segment)
The Indian bus industry has everything to cheer for looking at the sales figures for the month of April 2013. A total of 8362 buses were sold for the month of April 2013, which is 995 more than what they managed during the same month for 2012, recording a 13.50% growth. Both the LCV and M&HCV shows positive growth during the period at 20% and 7.15% respectively.
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.
For the month of April 2013, the motor cycles segment suffered a slight setback, marking a negative growth of 2.06% as compared against the same month last year. The scooter segment and mopeds records positive growth in April 2013 as against April 2012.
Source : ACG, SIAM