The cumulative production data for April-March 2010 shows production growth of 25.76 percent over same period last year. Passenger vehicles production crossed 2 million and two wheelers production crossed 10 million.

Domestic Sales

Passenger Vehicles segment during April-March 2010 grew at 25.57 percent over same period last year. Passenger Cars grew by 25.10 percent, Utility Vehicles grew by 20.88 percent and Multi Purpose Vehicles grew by 40.94 percent in this period.

The overall Commercial Vehicles segment registered positive growth at 38.31 percent during April-March 2010 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) registered growth at 33.55 percent; Light Commercial Vehicles grew at 42.67 percent. However, Medium & Heavy Commercial Vehicle sales during the period is still lower than 2006-07.

Three Wheelers sales recorded a growth rate of 25.92 percent in April-March 2010. While Passenger Carriers grew by 30.25 percent during April-March 2010, Goods Carriers grew at 11.62 percent.

Two Wheelers registered a growth of 26.00 percent during April-March 2010. Mopeds, Scooters and Motorcycles grew by 30.93 percent, 27.40 percent and 25.88 percent respectively.

Exports

During April-March 2010, overall automobile exports registered a growth rate of 17.90 percent.

Passenger Vehicles, Commercial Vehicles, Three wheelers and two wheelers segment, grew by 32.89 percent, 5.59 percent, 17.03 and 13.54 percent respectively in this period.

*******************************

For more information, please contact:

Sugato Sen, Senior Director, SIAM

91-11-24647810-12

ssen@siam.in