TTM » Topics » Classification of Vehicles in India

This excerpt taken from the TTM 6-K filed Sep 29, 2008.

Classification of Vehicles in India

The classification in India of vehicles with four or more wheels is as follows:

Heavy Commercial Vehicles: Heavy commercial vehicles, or HCVs, are generally classified as those vehicles that have a Gross Vehicle Weight (GVW), of above 16.2 metric tonnes.

Medium Commercial Vehicles: Medium commercial vehicles, or MCVs, are generally classified as those vehicles that have a GVW between 7.5 and 16.2 metric tonnes.

Light Commercial Vehicles: Light commercial vehicles, or LCVs, are generally classified as those vehicles that have a GVW of up to 7.5 metric tonnes.

Passenger Cars: Passenger Cars are vehicles that have a seating capacity of up to six persons, excluding the driver. In line with agreed categories of sub-classification, passenger cars are further classified into the following segments:

Mini Cars have a length of up to 3,400 mm. This entry-level segment constituted 5.8% of the domestic passenger car market in 2007-08 by volume.

Compact Cars have a length of between 3,401 mm and 4,000 mm. This segment constituted 71.4% of the domestic passenger car market in 2007-08 by volume.

Midsize Cars have a length of between 4,001 mm and 4,500 mm. This segment constituted 18.5% of the domestic passenger car market in 2007-08 by volume.

Executive Cars have a length of between 4,501 mm and 4,700 mm. This segment constituted 3.5% of the domestic passenger car market in 2007-08.

Premium Cars and Luxury Cars have a length of between 4,701 mm and 5,000 mm, and 5,001 mm and above, respectively. These segments constituted 0.8% of the domestic passenger car market in 2007-08.

Utility Vehicles: Utility Vehicles, or UVs, have a seating capacity of seven persons to 12 persons excluding the driver.

Multi-purpose Vehicles: Multi-purpose vehicles, or MPVs, are van-type vehicles that have a seating capacity of seven persons to 12 persons excluding the driver.

Source for share of domestic passenger car market: Frost & Sullivan, 24-Aug-08

44


Table of Contents