Wholesale of Automobiles Slows in June Due to Stock Liquidation by Dealers: SIAM

Production

The industry produced a total 6,914,544 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-June 2017 as against 6,431,938 in April- June 2016, registering a growth of 7.50 percent over the same period last year.

Domestic Sales

The sale of Passenger Vehicles grew by 4.38 percent in April-June 2017 over the same period last year. Within the Passenger Vehicles, Passenger Cars, Utility Vehicle and Vans grew by 3.89 percent, 7.53 percent and (-) 2.96 percent respectively in April-June 2017 over the same period last year.

The overall Commercial Vehicles segment declined by (-) 9.08 percent in April-June 2017 as compared to the same period last year. Medium & Heavy Commercial Vehicles (M&HCVs) declined by (-) 31.82 percent, while Light Commercial Vehicles grew by 7.78 percent in April-June 2017 over the same period last year.

Three Wheelers sales declined by (-) 24.75 percent in April-June 2017 over the same period last year. Within the Three Wheelers, Passenger Carrier sales registered a de-growth of            (-) 30.82 percent, while Goods Carrier grew by 3.68 percent in April-June 2017 over April-June 2016.

Two Wheelers sales registered a growth at 7.78 percent in April-June 2017 over April-June 2016. Within the Two Wheelers segment, Scooters and Motorcycles grew by 20.06 percent and 3.44 percent respectively, while Mopeds declined by (-) 10.92 percent in April-June 2017 over April-June 2016.

Exports

In April-June 2017, overall automobile exports grew by 13.74 percent. While Passenger Vehicles, Three Wheelers and Two Wheelers registered a growth of 13.79 percent, 24.67 percent and 14.75 percent respectively, Commercial Vehicle exports declined by (-) 34.02 percent in April-June 2017 over the same period last year.

Please click below links to view entire reports:

Fl-June- 2017-RPT-1

P&S-June-2017