The emission norm Bharat IV, set for implementation in 11 cities from April 1, is the topic of concern for the Auto industry. SIAM made representations to the government seeking an extension of 3-6 months for implementation. The other parts of the country are left to move to Bharat III norm. the auto makers are in an urge to convert the engines meeting these norms, while fuel has to be upgraded to the norms.
Till December 2009, the net sale of cars was 1000500 units against 597241 units sold in the same period previous year. SIAM disclosed that the volume of sale for April-December increased with 22% (88.1lakh units) against 72.24 units in the same period of 2008. Maruti got an increase of 36% sales, Hyundai got 43%(the sale was, however less than November when it reached all time mark in the last 5 years).
India follows China and Germany as the fastest growing economy in 2009 with sale boosted as a result of 11 new launches in passenger cars. There was an increase of 40% sale with 1.15lakh units in December against 82174 units in the previous year same month. The total sale of passenger cars saw double growth in December (1.49 units from 99440 units in 2008 December). The same percentage of increase was there in export market (40%) 40888 units.
In the two wheeler segment, 5.92 lakh units were sold in December 2009 against 3.35 lakhs in December 2008. The net sale of two wheelers saw an increase of 66% with 7.67 lakh units, while the export of two wheelers saw 25% growth with the 1.13 lakh units in December. Increase was also therein the commercial vehicle sale- 48614 units in December 2009 against 17897 units in December 2008.
The birth of 2010will usher in with new models from world leaders in the small car segment which constitute 70-80% in the second fastest growing economy in the second fastest growing car market. the major companies anticipating rise in the sale are VW(Polo), GM (Beat), Maruti (Eeco) and Skoda (Yeti).