India's September passenger vehicle sales drops by 23.56 pct
New Delhi: The sale of Passenger Vehicles declined by 23.56 percent in April-September 2019 over the same period last year, revealed the Society of Indian Automobile Manufacturers (SIAM) data released on Friday.
"Within the Passenger Vehicles, the sales for Passenger Cars, Utility Vehicle & Vans declined by (-) 30.30 percent, (-) 3.78 percent and (-) 35.46 percent respectively in April-September 2019 over the same period last year," read the statement.
The overall Commercial Vehicles segment registered a decline of (-) 22.95 percent in April-September 2019 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) declined by (-) 35.79 percent and Light Commercial Vehicles declined by (-) 14.69 percent in April-September 2019 over the same period last year.
Three Wheelers sales declined by (-) 6.66 percent in April-September 2019 over the same period last year. Within the Three Wheelers, Passenger Carrier sales registered a de-growth of (-) 6.37 percent and Goods Carrier declined by (-) 7.98 percent in April-September 2019 over April-September 2018.
Two Wheelers sales registered a de-growth of (-) 16.18 percent in April-September 2019 over April-September 2018. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds declined by (-) 16.94 percent, (-) 15.24 percent and (-) 25.33 percent respectively in April-September 2019 over April-September 2018.
In April-September 2019, overall automobile exports grew by 1.29 percent where Passenger Vehicles and Two Wheelers exports grew by 4.38 percent and 4.10 percent respectively. However Commercial Vehicles and Three Wheelers registered a de-growth of (-) 41.58 percent, and (-) 11.59 percent respectively in April-September 2019 over the same period last year.
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