Automobile industry marks a growth of 6.26 in line with cent in 2018-19

NEW DELHI: The automobile industry produced a total of 3.09 crore motors from April to March 2019 as opposed to 2. Nine crores within the corresponding length of the previous 12 months, marking a boom of 6.26 percent, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.

Passenger vehicle sales grew by 2.7 percent with passenger vehicles, application automobiles, and trucks clocking a growth of 2.05 percent, 2.08 percent, and 13.1percent, respectively.

The overall industrial motors section registered a growth of 17.55% in the period from April to March 2019 compared to the same period of the previous year. Medium and heavy business motors multiplied by 14. Sixty-six percent in step with cent and light business vehicles with the aid of 19.46 percent.

Three-wheeler sales increased by 10.27 percent, with passenger service sales registering a growth of 10.62 percent and goods transport at eight percent. Seventy-five percent.

Two-wheeler sales registered an increase of 4.86 percent, with scooters declining by 0.27 percent while bikes and mopeds grew by 7. Seventy-six percent and a pair of. Forty-one in line with cent.

SIAM said the general vehicle exports out of India grew through 14.Five in line with cent. At the same time, passenger car exports declined, reaching nine. Sixty-four percent of industrial vehicles, three-wheelers, and wheelers registered a boom of 3.17 percent, 49 percent, and 16 percent, respectively. Fifty-five percent.