SIAM summary report for the period of April-February 2012

The cumulative production data for April-February 2012 shows overall production growth of 14.56 percent over same period last year. Production in February 2012 registered growth of 14.62 percent as compared to February 2011. The overall sales growth rate recorded for April-February 2012 was 12.46 percent. In February 2012, domestic sales registered growth at 12.07 percent as compared to February 2011. Passenger Vehicles segment recovered marginally at 2.95 percent during April-February 2012 over same period last year. Passenger Cars recorded marginal growth of 0.31 percent, Utility Vehicles grew by 14.66 percent and Vans grew by 10.01 percent in this period.

In February 2012, Passenger Cars, Vans and Utility Vehicles recorded growth at 13.12 percent, 25.34 percent and 30.04 percent respectively. And growth in overall Passenger Vehicles was at 16.07 percent in the month of February 2012. During April-February 2012, overall automobile exports registered a growth rate of 26.12 percent. Passenger Vehicles registered growth at 16.17 percent in this period. In February 2012 compared to February 2011, overall automobile exports registered a growth of only 5.70 percent.