In May - 2014 , after a depressing year of sales downfall , Indian Automobile sector finally see some good growth in numbers.With proximity of stable government and better economic reformation the same trend expect to be continue .
Riding on high motorcycle sales and strong exports , In May 2014, 16 % growth is registered on yearly basis while as compare to April 2014 8 % growth is registered in overall sales.
Overall figures for May - 2014 is as below (for 2 wheeler, 3 wheeler, PV and CV combine)
There is significant growth in production which is increase by 14 % on yearly basis. Domestic sales also increase by 13% while due to strong demand of Indian automobile product in other countries , export increase by 32%.
Details of YOY and MOM change is as below
The overall Sales share for all segment is as below.
Riding on high motorcycle sales and strong exports , In May 2014, 16 % growth is registered on yearly basis while as compare to April 2014 8 % growth is registered in overall sales.
Overall figures for May - 2014 is as below (for 2 wheeler, 3 wheeler, PV and CV combine)
There is significant growth in production which is increase by 14 % on yearly basis. Domestic sales also increase by 13% while due to strong demand of Indian automobile product in other countries , export increase by 32%.
Details of YOY and MOM change is as below
The overall Sales share for all segment is as below.
Source data - SIAM
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