According to the latest data from the Society of Indian Automobile Manufacturers (SIAM), the number of two wheelers dispatched to dealers has fallen by 65 percent.
There has been a huge decline in the passenger vehicle wholesale of India. Month on month it has seen a decline of 66 percent. All this has happened due to the lockdown in different states in the month of May, which has directly affected the dealers. This has been disclosed by the auto industry body SIAM. In the month of May, the figure of passenger vehicle wholesale stood at 88,045 units, while the same figure stood at 2,61,633 units in April. That is, due to the lockdown, people could not get out of the house nor could they get any new vehicle.
According to the latest data from the Society of Indian Automobile Manufacturers (SIAM), the number of two wheelers dispatched to dealers has fallen by 65 per cent to 3,52,717 units. In April, the exact same figure was of 9,95,097 units.
Last month, there was a drop of 56 percent in motorcycles sales. In April, where the sales figure was 6,67,841 units, last month it stopped at just 2,95,257 units. While there has been a loss in scooter dispatch as well. There has been a decline of 83 percent in this segment. While its figure was 3,00,462 units in April, it was 50,294 units last month. At the same time, there has been a decline of 91 percent in the three wheeler sale.
More loss this year than last year
There has been a decline of 65 percent in each category of vehicle sales. While the sales figure was 4,42,013 last month, the same figure was 12,70,458 last year. Talking about the sales data, SIAM General Rajesh Menon said that in most states, this loss was due to the lockdown. Due to this production was also affected.
Many auto members also shut down their manufacturing plants to meet the shortage of oxygen. Menon said that the automobile industry is here committed to helping the government in this pandemic.
Last month, the country’s largest carmaker Maruti Suzuki India dispatched 32,903 units. At the same time, in April this figure was 1,35,879 units. Similarly, the sale of Hyundai Motor India last month was 25,001 units, while in April this figure was 49,002 units.
Kia India sold a total of 11,050 units while Mahindra & Mahindra dispatched 8,004 passenger units. Automobile retail sales have fallen by 55 percent in the country.
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