Auto Parts Asia — October 2017

AutoPartsAsia | OCTOBER 2017 | 57

domestic market was 31,566 units,up
34 per cent over August 2016.

Mahindra & Mahindra sold 538 units
of MHCVs in August 2017 growing
45 percent. M&M’s total commercial
vehicle wholesales in August 2017
stood at 16,303 units compared to
13,993 units in the same period a
year ago.

The sales grew on the back of
growing demand across segments
supported by the continued ramp-up
in production of BS-IV vehicles since
April this year.

Ashok Leyland continued its growth
run in August, with a step up of 25.11

per cent. The company posted total
sales of 13,634 units compared to
sales of 10,897 vehicles in the same
month last year. VECV delivered
3,818 in August 2017 compared to
3,450 units same month previous
year.

Three-wheelers

Three-wheeler wholesales in India
grew marginally by 2.51 percent to
51,451 units compared to 50,193
units dispatched in the same month

a year ago. The main growth driver

for this segment was goods carriers

which grew 5.42 percent to 9,506

units against 9,017 units previous

year.

Sales of TVS three-wheelers grew

15.79 per cent to 1,415 units in

August 2017. Piaggio was down 9.79

per cent, while M&M dropped 6.98

per cent.

Two-wheelers

The most important part of the two-

wheeler industry sales in August was

the12.9 percent growth to 1,135,699

units against 1,005,654 units in the

same month a year ago. Scooter

sales also posted a strong growth

of 18.61 percent in August 2017 to

673,444 units over 567,782 units

delivered by all the scooter makers

last year in the same month. Mopeds

also grew 8.6 percent in August this

year to 81,919 units compared to

75,435 units a year ago.

The overall two-wheeler sales also

reported a strong growth of 14. 69

percent in August 2017 to 1,891,062

units compared to 1,648,871 units a

year ago same month.

The largest two-wheeler maker Hero

MotoCorp dispatched 661,490 units

in the domestic market compared to

601,241 units of wholesales in the

previous year same month. Honda

Motorcycle and Scooter India sold

586,237 units in August this year as

against 466,289 units same month a

year ago.

Exports

Though the overall exports of

automobiles from India in August

saw a growth, most of the segments

were in red in exports. India exported

a total of 332,533 units in August

2017 compared to 310,080 units

exported in the same month last year,

registering a growth of 7.24 percent.

Both the passenger vehicle and

commercial vehicle exports declined

24.7 percent and 28.28 percent,

respectively, in August 2017. Three-

wheeler and two-wheeler exports

grew 17.7 percent and 19.8 percent,

respectively.