The auto industry produced a total 29,075,605 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in April-March 2018 as against 25,330,967 in April-March 2017, registering a growth of 14.78 per cent over the same period last year.
The domestic sale of Passenger Vehicles grew by 7.89 per cent in this fiscal year over the same period last year. Within the Passenger Vehicles, Passenger Cars, Utility Vehicle and Vans grew by 3.33 per cent, 20.97 per cent and 5.78 per cent respectively in FY 17-18 over the same period last year.
The overall Commercial Vehicles segment grew by 19.94 per cent in April-March 2018 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) grew by 12.48 per cent and Light Commercial Vehicles grew by 25.42 per cent in April-March 2018 over the same period last year.
Three Wheelers sales grew by 24.19 per cent in FY 17-18 over the same period last year. Within the Three Wheelers, Passenger Carrier & Goods Carrier sales registered a growth of 28.65 per cent and 7.83 per cent respectively in April-March 2018 over April-March 2017.
Two Wheelers sales registered a growth at 14.80 per cent in April-March 2018 over April-March 2017. Within the Two Wheelers segment, Scooters and Motorcycles grew by 19.90 per cent and 13.69 per cent respectively, while Mopeds declined by (-) 3.48 percent in FY 17-18 over FY 16-17.
In April-March 2018, overall automobile exports increased by 16.12 per cent. Two and Three Wheelers Segments registered a growth of 20.29 per cent and 40.13 per cent respectively, while Passenger Vehicles and Commercial Vehicles declined by (-)1.51 per cent and (-) 10.53 per cent respectively in April-March 2018 over the same period last year.
Power Drive 