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Cumulative production in Automotive sector up 12.07% for first half of 2009 Print E-mail
Written by Anand   
Thursday, 12 November 2009
New Delhi: Cumulative production data of the automotive sector for the first half of 2009 (April-October) indicates a growth in production of 12.07 percent over same period last year. During April-October 2009, overall automobile exports registered a growth rate of 5.45 percent.

According to the Society of Indian Automobile Manufacturers (SIAM), exports and Medium & Heavy Commercial Vehicles Market Remain Areas of Concern. The overall Commercial Vehicles segment registered positive growth at 5.36 percent during April-October 2009 as compared to the same period last year. Light Commercial Vehicles grew at 22.65 percent.

However, Medium & Heavy Commercial Vehicles (M&HCVs) registered de-growth at (-) 11.26 percent. In Medium & Heavy Commercial Vehicles segment, both passenger and goods carrier segments registered de-growth with growth rate being (-) 8.14 percent and (-) 11.91 percent respectively.

There was a decline of 31.10 percent in the export of Commercial Vehicles.

Passenger Vehicles segment during April-October 2009 grew at 16.20 percent over same period last year. Passenger Cars grew by 17.46 percent, Utility Vehicles grew by 6.43 percent and Multi Purpose Vehicles grew by 24.06 percent in this period. Exports in the passenger vehicles segment grew by 31.23 percent in this period.

Three Wheelers sales recorded a growth rate of 13.66 percent in April-October 2009. While Passenger Carriers grew by 21.02 percent during April-October 2009, Goods Carriers declined at (-) 8.77 percent. There was a decline of 4.64 percent in three wheeler exports.

Two Wheelers registered a growth of 14.93 percent during April-October 2009. Mopeds, Scooters and Motorcycles grew by 27.63 percent, 13.42 percent and 14.83 percent respectively. The two wheeler exports grew by 0.66 percent.

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