Sales of passenger vehicles in India grew to more than 1.9 million units in FY 2009 (April 2009-March 2010), up 25.6% from the prior year, according to figures from the Society of Indian Automobile Manufacturers. Passenger car sales grew by 25.1% to 1.53 million units (the biggest percentage gain in six years); utility vehicle sales grew by 20.9%; and multi-purpose vehicles grew 40.9% in this period.
The overall Commercial Vehicles segment registered positive growth at 38.3% to more than 530,000 units. Medium and heavy-duty commercial vehicles (MHCVs) registered growth at 33.6%; Light Commercial Vehicles grew at 42.7%. However, MHCV sales during the period was still lower than 2006-07.
Three-Wheelers sales recorded a growth rate of 25.9% in April-March 2010 to more than 440,000 units. Of these, Passenger Carriers grew by 30.3% during April-March 2010 and Goods Carriers grew at 11.6%.
Two Wheelers registered a growth of 26.0% during April-March 2010 to more than 9.37 million units. Mopeds, Scooters and Motorcycles grew by 30.9%, 27.40 percent and 25.9% respectively.
The cumulative production data shows production growth of 25.8% over same period last year. Passenger vehicles production crossed 2 million and two wheelers production crossed 10 million.
Overall automobile exports registered a growth rate of 17.9%. Passenger Vehicles, Commercial Vehicles, Three wheelers and two wheelers segment, grew by 32.9%, 5.6%, 17.0% and 13.5% percent respectively in this period.