The overall Commercial Vehicles segment registered a de-growth of (-) 19.69 percent in April-May 2014 as compared to same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) registered negative growth at (-) 13.81 percent and Light Commercial Vehicles also dropped by (-) 22.59 percent.
Three Wheelers sales grew by 5.29 percent in April-May 2014 over the same period last year. Passenger Carriers and Goods Carriers grew by 6.08 percent and 2.21 percent respectively in April-May 2014 over April-May 2013.
Two Wheelers sales registered growth of 14.03 percent in April-May 2014 over April-May 2013. Within the Two Wheelers segment, Scooters, Motorcycles and Mopeds grew by 30.32 percent, 9.93 percent and 1.60 percent respectively in April-May 2014 over April-May 2013.
In April-May 2014, overall automobile exports grew by 22.23 percent. Passenger Vehicles, Commercial Vehicles and Two Wheelers grew by 0.87 percent, 20.80 percent and 33.89 percent respectively, while exports of Three Wheelers declined by (-) 5.38 percent in April-May 2014 over April-May 2013.