SIAM has released sales report of the 2nd quarter of FY 2014 registering 8.57% positive growth producing 18,16,316 units as compared to last year’s 16,73,006 units produced in September, 2012. The domestic market sales grew marginally up by 1.18 per cent in comparison to corresponding period last year. Growth in the domestic market is basically from the two-wheeler segment.
Sales in the passenger vehicles segment declined by 5.15 per cent in April-September 2013 period as compared to same period in 2012. Within the passenger vehicles segment, sales also decline for passenger cars by 4.67%, vans by 9.8% and utility vehicles dropped by 4.79%, in the April-September period this year. The commercial vehicles segment sales decreased by 15.32% in April-September 2013, medium & heavy commercial vehicles slide by 25.22% and light commercial vehicles also went down by 9.61%. The 3-wheeler segment decline by 4.38 percent in April-September 2013 as compared to 2012 April-September period. In the goods carriers and passenger carriers decline by 5.91% and 4.04% in April-September 2013 over April-September 2012.
Even when sharp sales decline are seen in many of the vehicles segments, the two-wheeler sector remained positive with 3.51% growth in April-September period. Motorcycles grew by 0.88%, Scooters by 16.59% within the two-wheelers segment in April-September 2013. On the other hand, Mopeds declined by 10.78% during the same period in 2013. And in the exports segment, the overall sales grew by 4.54 percent. Commercial vehicles export declined by 19.08% and two-wheeler declined by 0.35%. On the other hand, passenger vehicles and three-wheelers records growth of 13.77 percent and 29.89 percent in April-September 2013, in comparison to same period last year.