SIAM

Demand Forecasts for Indian Automobile Industry

 Statistical methods used for forecasting, considering all the relevant demand drivers for each segment Models prepared after considering an exhaustive list of relevant variables
Macro-economic variables: eg. GDP components, industrial production, inflation, interest rates, stock indices Sector variables: eg. Model launches, vehicle price, intersegment competition Enablers/barriers: eg. Finance availability, road connectivity

Revised -F13 Forecast

Segment Cars UVs Vans PV Total LCV Goods MHCV Goods Passenger Buses Total CV 2W 3W Goods 3W Passenger 3W Total Auto Total F13 Growth (Oct 12 Est.) 1- 3% 50 52%

2 4%
8 10% 14 16%

(11) (13)%
5 7% 3 5%

5 7%
(7) (9)% 1 3%

0 2%
5 7%