April sales of passenger-cars rise 4.20%; sales of motorcycles up 12.11%
For the third month in a row, passenger-car sales in India continued with their trend for the month of April. The year-on-year sales figures, as per the Society of Indian Automobile Manufacturers (SIAM), for April rose to 1,02,899 units - indicating a 4.20 percent increase from the earlier-year same-month figures of 98,752 units.
Though the passenger car-sales figures have been showing growth over the last three months, after a plunging trend since 2008 second-half, it can still not be taken as a complete recovery for this particular section of the auto industry.
The SIAM data also shows that in the commercial vehicles' section, the April sales fell to 29,842 units, which marks an 11.25 percent drop from the year-before figures of
33,626 units.
In the two-wheeler segment, figures released by SIAM show that April sales of motorcycles increased 12.11 percent - from 5,01,592 units to 5,62,357 units. However, overall two-wheeler sales in April showed an increase of 13.71 percent, from 6,16,468 units to 7,00,995 units.
Commenting on the statistics, Sugato Sen - Senior Director of SIAM - said: "The growth that we are seeing is mainly because of the low base effect of the last year. On a month-on-month basis, all the segments, except for the two-wheeler, recorded lesser sales compared with last month….. things are still very sensitive."