Placeholder canvas

Automobile Industry records a growth of 6.26% in FY 2018-19

Date:

The automobile industry produced a total 3.09 crore vehicles during April to March 2019 as against 2.9 crore in the corresponding period of previous year, marking a growth of 6.26%, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.

Passenger vehicle sales grew by 2.7% with passenger cars, utility vehicles and vans clocking a growth of 2.05%, 2.08% and 13.1%.

ALSO READ: Ex-chairman Ghosn removed as director from Nissan’s board

The overall commercial vehicles segment registered a growth of 17.55% in April to March 2019 as compared to the same period of last year.

Medium and heavy commercial vehicles increased by 14.66% and light commercial vehicles by 19.46%. Three wheelers sales increased by 10.27% with passenger carrier sales registering a growth of 10.62% and goods carrier at 8.75%.

Two wheelers sales registered a growth at 4.86% with scooters declining by 0.27% while motorcycles and mopeds grew by 7.76% and 2.41%.

SIAM said the overall automobile exports out of India grew by 14.5%. While passenger vehicles exports declined by 9.64%, commercial vehicles, three wheelers and two wheelers registered a growth of 3.17%, 49% and 16.55%.

Click here for Latest News updates and viral videos on our AI-powered smart news genie

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

IPL 2024: Riyan Parag Shines As RR Posts 185/5 Against DC

Jaipur: In a remarkable turn of events, Rajasthan Royals...

NIA Arrests One Key Conspirator In Rameshwaram Cafe Blast Case

New Delhi: In a significant development in the investigation...

H1B Visa: USCIS Gears Up For Lottery Selection For Fy-25

Due to a technical issue with its website, the USCIS delayed the deadline for visa applications for the financial year 2025 by three days from March 22nd to March 25th, 2024

To Browbeat And Bully Others Is Vintage Congress Culture: PM Modi After 600 Lawyers Write CJI

New Delhi: In response to the voiced apprehensions of...