January 2016 sales numbers have been released by SIAM and the team at EMMAAA has analysed the numbers in detail.
It’s a bad start to the year as Passenger Vehicles dispatches stayed flat vis-a-vis last year.
Passenger Car dispatches were down 0.6% on a year-on-year basis as most brands took a breather. New model launches have helped maintain volumes for the leading players but new launches have effectively cannibalised older models.
The UV and Vans segments did well in comparison, pulling up the overall Passenger Vehicle dispatches into positive zone.
Elsewhere, Scooters growth story is slowing down even though the segment still accounted for nearly 8% growth in dispatches. Meanwhile, the entry level commuter bike segment stays under duress as dispatches declined.
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