Aug 6, 2013

Record auto registration in FY 2012-13

KATHMANDU, AUG 5--The registration of new vehicles in the country reached all time in the last fiscal year 2012-13, with the sales of automobile products growing. The Department of Transport Management has stated it registered a total of 208,483 vehicles, which is highest annual record.

Earlier, in 2009-10, vehicle registration had touched 201,787 units. The registration had declined in 2010-11 after the hike in excise duty and auto loan by bank and financial institutions. As per the department officials, the sales started to pick up slowly from 2011-12 after one year gap of slowdown in auto market.

The department officials and automobile dealers attribute the record registration to the increased bank financing facilities, lower interest rate, growth in sales of mainly two wheelers, increased buying capacity of customers, remittance inflow and rebound in housing business. All segments of vehicles have witnessed growth in registration in the last fiscal year.

With growth in all segments of vehicles, the registration went up by 22 percent compared to 170,084 units of the previous fiscal 2011-12. The department record shows that a total of 9,595 passenger cars have been registered by the government during last year, the number is up by 10 percent compared to 8,711 units previous year


Similarly, a total of 175,381 units of motorbikes were registered, which is up by 21 percent compared to precious year. The bike registration constitutes 84 percent in the total vehicles registered during the last fiscal year.

Devi Ram Bhandari, director at the department said that the bike had become a necessity for each middle class family living in the urban areas as it is a convent and cheaper vehicle option. “Bike sales have been increasing for growth in demand from rural market and if you see demand for scooters among females is also increasing,” he added.

Automobile dealers said that even as there was growth in bike and low end vehicles, sales of high end luxury vehicles was still poor. Saurav Jyoti immediate past president of the Nepal Automobile Dealers Associations said that there was overall growth in sales by around 30 percent. “Even as there is growth in sales, demand for high end luxury vehicles has come down to around 60-70 percent for the heavy excise duty and impact of dollar appreciation,” he added.

During the last fiscal year, the department registered 3,332 units of heavy equipments (excavator,crane and dozer), 3,263 buses, 1,328 mini bus/mini truck, 9,795 tractor/power trailer and 5,422 pick up vans. The department registers vehicles reaching domestic market from its 13 zonel offices.

According to the department, registration of vehicles have increased in Mechi, Koshi, Narayani, Bagmati, Gandaki, Dhaulagiri, Lumbini, Veri and Mahakali Zones, where as registration in four Zones—Sagarmatha, Janakpur, Rapti and Seti has declined. Bagmati registered 64,818 units, Narayani (44,416 units), Lumbini (31,861 units), Koshi (31,172 units) and Gandaki (12,471 units) are top five zones in terms of the number of vehicles registered.

Vehicle Types           FY 2012-13              FY 2011-12                 Change %
Motorcycle                   175,381                       145,135                       20.83
Bus                               3,263                           2,085                           56.49
Mini Bus/Truck             1,328                           1,170                           13.50
Heavy Equipments        3,332                           1,333                           149.96
Car/Jeep/Van               9,595                           8,711                           10.14
Pick Up                        5,422                           2,681                           102.23
Micro Bus                    158                              155                              1.93
Tempo                         57                                10                                470
Tractor/Power trailer    9,795                           8,413                           16.42
Others                          152                              91                                67.03

Zones           FY 2012-13              FY 2011-12                 FY 2010-11                
Mechi             6,460                           6,243                           5,533
Koshi             31,172                         24,122                         19,302
Sagarmatha    4,157                           4,887                           2,349
Janakpur        1,121                           7,401                           1,432
Narayani        44,416                         37,499                         39,175                        
Bagmati          64,818                         53,134                         64,010
Gandaki         12,471                         9,421                           10,071
Dhaulagiri       887                              848                              631
Lumbini          31,861                         15,740                         12,524
Rapti              2,745                           5,204                           1,999
Veri                6,097                           4,168                           5,172
Seti                 567                              1,216                           1,043
Mahakali         1,711                           201                              399

Annual Registration
2012-13           208,483
2011-12           170,084          
2010-11           163,640          
2009-10           201,787
2008-09           102,570           

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