[Rajeevraj]

Came across this nice summary of the Automobile Sales in Q1 of Financial Year 2016-17 by ETAuto. Covers all segments like Passenger Vehicles, Commercial Vehicles and Two Wheelers.

Some Key Points from the article.

• New Policies and taxation's have not really impacted the sector in Q1 FY17.
  
• The overall domestic auto sales grew by 13.42 percent to 5,546,343 units in the first quarter FY16-17, compared to 4,890,099 units sold in the same quarter the previous year.
  
• All segments showed double digit growth. Lowest was the passenger vehicles segment which although did not register double digit growth, still stayed in positive territory.
  
• Passenger Vehicles: SIAM expects 6-9% growth in FY17. Compact SUV's/Utility segment will drive growth.
  
• Medium and Heavy Commercial Vehicles showed a strong growth of ~15%.
  
• LCV's showed a growth of ~11%.
  
• Two Wheeler Segment showed a 14% growth which is expected to continue through FY17.
  
• While Passenger Vehicle exports showed a strong Growth, dip in exports in the 2 and 3 wheeler segments resulted in overall decline in exports

Summary View across all segments




Domestic Passenger Car Sales in Q1 FY2016-17 as compared to Q1 FY2015-16





View of the Interest Rate movements





Domestic Sales in Q1 of 2015,16,17- Passenger Vehicles




Commercial Vehicle Trends




Two Wheeler Trends




Export Trends

Source: ETAuto