April car sales down over 10 percent: SIAM

New Delhi, May 10 (IANS) Passenger car sales in India fell 10.43 percent in April as high interest rates and fuel costs dampened consumer sentiments, the Society of Indian Automobile Manufacturers (SIAM) said Friday.

Data furnished by SIAM showed a decline of 10.43 percent, as only 150,789 units were sold in the month from 168,354 units in April, 2012. The passenger car sales had fallen 6.7 percent in the year ended March 31, the first time in a decade.

Utility vehicle sales grew 3.99 percent at 40,563 units from 39,008 units sold in the corresponding month of last year. However, overall passenger vehicles including cars, utility vehicles and vans declined by 8.21 percent at 208,386 units from 227,037 units sold in the corresponding period of 2012.

Sales of medium and heavy commercial vehicles (M&HCVs) declined by 6.66 percent at 18,610 units off-take from 19,937 units sold during April, 2012. Light commercial vehicle (LCV) offtake grew 4.81 percent at 38,068 units from 36,320 units sold during the corresponding period of last year.

Total sales of commercial vehicles including M&HCVs and LCV grew by a meagre 0.75 percent at 56,678 units from 56,257 units off-take in April, 2012.

Two-wheeler sales during the period inched higher by 0.95 percent at 1,168,080 units from 1,157,114 sold in April, 2012.

Motorcycle sales in the month under review was down 2.06 percent at 843,889 units from 861,608 units sold in the corresponding period of 2012.

Scooter sales during last month zoomed 14.72 percent at 261,475 units from 227,924 units sold in April, 2012.

Three-wheeler segment sales were up by 7.19 percent at 34,348 units in April, 2013, from 32,044 units in the corresponding month of last year.

Total vehicles sales last month was marginally down 0.34 percent at 1,467,492 units from 1,472,452 units sold in the corresponding month of last year.

Total exports declined by 9.14 percent at 240,948 units from 265,200 units shipped out in the corresponding period of 2012.

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