There is blood all over the Indian automotive
industry. The only solace one gets is from the scooter and motorcycle segment where
the likes of Honda Motorcycle and Scooter India (HMSI), TVS India, Suzuki
Motorcycle India and Hero MotoCorp are active players. For the month of March
2014, scooter sales in the domestic market stood at 356233 units as compared to
249753 units, an increase of 42.63pc. This was according to the latest SIAM
figures released to the media.
Even on the export front, this segment sold
12673 units(7683), an increase of 64.95pc.The motorcycle and step-through
segment also grew by 16.24pc, at 906665 units (780022 units). Exports grew by
16.34pc from 142,588 units to165886 units. Leaving out these two segments, the
rest of the segments recorded negative growth.
For the month of March 2014 in domestic sales
the worst performers were passenger vans which recorded a negative 31.77pc
growth at 15309 units (22438), LCV goods carriers (-) 28.80pc at 35662 (50087)
and medium and heavy commercial vehicle passenger carriers (-) 25.91pc at 4347
The overall domestic sales during April-March 2014
grew marginally by 3.53pc over the same period last year because of growth in Scooters
and motorcycles sales. The sales of Passenger Vehicles recorded -6.05pc growth during
April-March 2014. Within the Passenger Vehicles, Passenger Cars, Utility Vehicles
and Vans recorded -4.65pc, (-) 5.01pc and (-) 19.58pc respectively during April-March
2014 compared to the same period last year.
The overall Commercial Vehicles segment
registered a de-growth of (-) 20.23pc in April-March 2014 as compared to the
same period last year. Medium & Heavy Commercial Vehicles (M&HCVs)
registered negative growth at (-) 25.33pc and Light Commercial Vehicles also
dropped by (-) 17.62pc.
Three Wheelers sales declined by (-) 10.90pc in
April-March 2014 over the same period last year. Passenger Carriers and Goods
Carriers declined by (-) 12.74pc and (-) 2.53pc respectively in April-March 2014
over April-March 2013.
Two Wheelers sales registered growth of 7.31pc during
April-March 2014 over April-March 2013. Within the Two Wheelers segment, Scooters
and Motorcycles grew at 23.24pc and 3.91pc respectively, while Mopeds declined by
(-) 8.35pc in April-March 2014 over April-March 2013.
Sony India has introduced the new XAV-AX8100 in-car media receiver, offering new utility features, powerful sound and smart features.
ExxonMobil Lubricants Pvt Ltd launched its upgraded Mobil Super Moto range of engine oils to make it easier for people to maintain their two-wheelers in top condition. The launch comes at a time when...
3M India has launched its revolutionary 3M Performance Spray Gun, an innovative spray technology that delivers top-of-the-line performance with unrivaled productivity.
In an exclusive interview, Uday Narang, Chairman, Anglian Omega Group & Omega Seiki Mobility
talks about his company plans to enter the two and four wheeler electric vehicle space.
Motown India speaks to Woosuk Leem, Managing Director, AS Parts Division, Mobis India to get more details about the Hyundai Mobility Membership App and its advantages.
Vishal Mathur, Senior Vice President, LMD Truck Business – VECV elaborates upon VECV’s Light & Medium Duty (LMD) business in India, the company’s product offering and the several advantages offered by...