Auto Industry

Auto Industry

  • Submitted By: monica0388
  • Date Submitted: 08/06/2010 1:54 PM
  • Category: Business
  • Words: 1114
  • Page: 5
  • Views: 501

http://www.siamindia.com/scripts/industrystatistics.aspx

OVERVIEW OF PERFORMANCE OF THE INDIAN AUTOMOBILE INDUSTRY
IN 2007- 08
Domestic Sales
The cumulative growth of the Passenger Vehicles segment during April 2007 – March 2008 was 12.17 percent. Passenger Cars grew by 11.79 percent, Utility Vehicles by 10.57 percent and Multi Purpose Vehicles by 21.39 percent in this period.
The Commercial Vehicles segment grew marginally at 4.07 percent. While Medium & Heavy Commercial Vehicles declined by 1.66 percent, Light Commercial Vehicles recorded a growth of 12.29 percent.
Three Wheelers sales fell by 9.71 percent with sales of Goods Carriers declining drastically by 20.49 percent and Passenger Carriers declined by 2.13 percent during April- March 2008 compared to the last year.
Two Wheelers registered a negative growth rate of 7.92 percent during this period, with motorcycles and electric two wheelers segments declining by 11.90 percent and 44.93 percent respectively. However, Scooters and Mopeds segment grew by 11.64 percent and 16.63 percent respectively.
Exports
Automobile Exports registered a growth of 22.30 percent during the current financial year.
The growth was led by two wheelers segment which grew at 32.31 percent. Commercial vehicles and Passenger Vehicles exports grew by 19.10 percent and 9.37 percent respectively. Exports of Three Wheelers segment declined by 1.85 percent.

GROSS TUNROVER OF THE AUTOMOBILE INDUSTRY IN INDIA
Year (IN USD MILLION)
2004-05 20,896
2005-06 27,011
2006-07 34,285
2007-08 36,612
2008-09 38,238
Conversion Rate Rs.40 = 1USD



Domestic Market Share for 2009-10
Passenger Vehicles 15.86
Commercial Vehicles 4.32
Three Wheelers 3.58
Two Wheelers 76.23



Automobile Production Trends (Number of
Vehicles)
Category 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10
Passenger Vehicles 989,560 1,209,876 1,309,300 1,545,223 1,777,583 1,838,593 2,351,240
Commercial...

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