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    Auto sales show lower growth

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    CarWale Team

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    Auto sales show lower growth

    The cumulative production data for April-June 2011 shows production growth of 18.43 percent over same period last year. In June 2011 as compared to June 2010, production grew at 16.61 percent.

    The domestic sales growth rate recorded for April-June 2011 was 15.14 percent. However, the month of June 2011 registered a lower growth rate of 12.84 percent as compared to June 2010.

    Passenger Vehicles segment grew at 8.77 percent during April-June 2011 over same period last year. Passenger Cars grew by 7.30 percent, Utility Vehicles grew by 5.08 percent and Vans grew by 29.28 percent in this period. In June 2011, Passenger Cars and Utility Vehicles recorded substantially lower growth of 1.62 percent and 4.36 percent. Vans registered growth of 28.42 percent respectively.

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