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Auto industry in reverse gear in April 2001

Car sales fell by 14.8 per cent during April, 2001, as all the major companies including Maruti, Hyundai, Daewoo and Telco posted negative growth in sales.

Total sales stood at 45,550 units over 53,499 units sold

in the same month last year, figures released by the Society of Indian Automobile Manufacturers showed on Tuesday.

Recessionary trend continued for other sectors of the domestic automobile industry with commercial vehicles, two-wheelers, multi-utility-vehicles and three-wheelers recording dip in sales during the month under review.

Market leader Maruti Udyog's car sales fell by 11.9 per cent at 26,443 units over 30,016 units sold in April, 2000.

Sales of commercial vehicles, a good indicator of economic growth, declined by 8.4 per cent at 7,925 units as compared to 8,658 units in the month-on-month period.

MUV sales stood at 7,842 units, down 5.5 per cent, over 8,299 units sold in April, 2000.

Two-wheelers sales dipped by 6.4 per cent on account of a drop in scooter and mopeds sales.

Sales of scooters dipped by 20 per cent at 75,694 units month-on-month over 94,547 units, while mopeds sales fell by 50.2 per cent at 28,151 units in April, 2001, over 56,604 units in the same month of 2000.

Motorcycles sales however, increased by 16.2 per cent at 192,000 units over 165,000 units sold in the month-on-month period.

Sales of three-wheelers went down by 11.6 per cent at 12,365 units in April, 2001, over 14,002 units sold last year.

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