India’s passenger car and light vehicle exports up 31.6% in Dec

Thursday, 10 January 2013 17:22:45 (GMT+3)   |   Istanbul
       

According to the Society of Indian Automobile Manufacturers (SIAM), Indian motor vehicle production in December last year increased 1.2 percent as compared to December 2011 and was up 3.1 percent month on month with 1,697,625 vehicles produced. In the first nine months of the current Indian fiscal year (started April 1, 2012), India's passenger car output rose 2.2 percent over the same period last year.

In April-December 2012, motor vehicle sales in India increased by 4.6 percent year on year, with the country's passenger car and light vehicle sales in April-December increasing by 8.4 percent and the commercial vehicles segment registering growth of 0.7 percent, both on year-on-year basis. However, in December Indian total motor vehicle sales increased by 2.8 percent compared to December 2011, while passenger car sales fell by 12.5 percent year on year.

Meanwhile, in the April-December period of last year India's total motor vehicle exports decreased by 2.9 percent year on year. Passenger car and light vehicle exports rose by 10.5 percent and commercial vehicle exports registered an increase of 4.7 percent in the nine months in question, both on year-on-year basis. The SIAM said that passenger car and light vehicle exports from India rose by 31.6 percent in December 2012 compared to the same month of the previous year.


Similar articles

Indian motor vehicle output up 1.8 percent in April-July

11 Aug | Steel News

Indian motor vehicle output up 2.25 percent in April

11 May | Steel News

Indian motor vehicle sales down 2.1% in Q1 FY 2013-14

15 Jul | Steel News

Indian motor vehicle output down 4.1 percent in May

12 Jun | Steel News

India’s motor vehicle output down 8.7% in March

16 Apr | Steel News

India’s motor vehicle output down nine percent in November

14 Dec | Steel News

India’s motor vehicle sales down 9.4 percent in September

11 Oct | Steel News

SIAM: Economic downturn hits Indian auto industry

12 Sep | Steel News

Indian automotive industry shows signs of slowdown in July

13 Aug | Steel News

Indian motor vehicle output up 10.5 percent in May

13 Jun | Steel News