COVID affect: Passenger automobile gross sales in India dip 10% month-on-month in April
Passenger automobile wholesales in India declined by 10 per cent to 2,61,633 items final month as in comparison with March this yr, as COVID-19-led restrictions throughout varied states impacted demand, auto business physique SIAM mentioned on Wednesday.
Passenger automobile gross sales in March 2021, stood at 2,90,939 items.
“As expected, the COVID wave has impacted the sales of vehicles in the month of April 2021. Sales of passenger vehicles fell by about 10.07 per cent, compared to March 2021, due to various restrictions in states which have been experiencing a surge in COVID-19 cases,” SIAM Director General Rajesh Menon mentioned.
There had been no passenger automobile gross sales in April 2020, attributable to coronavirus-led nationwide lockdown.
As per the most recent knowledge by Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to sellers declined by 33 per cent to 9,95,097 items final month, as in comparison with 14,96,806 items in March.
Motorcycle gross sales noticed a dip of 33 per cent to six,67,841 items, as towards 9,93,996 in March this yr.
Similarly, scooter gross sales fell 34 per cent at 3,00,462 items, from 4,57,677 items in March.
Three-wheeler gross sales additionally declined by 57 per cent to 13,728 items, as in comparison with 31,930 items in March this yr.
Vehicle gross sales throughout classes declined by 30 per cent to 12,70,458 items final month, as towards 18,19,682 items in March.
Menon famous that offer chain-related manufacturing challenges proceed amid lockdown restrictions in lots of components of the nation.
“The demand has been clearly impacted by the second wave of COVID-19, both in terms of low consumer sentiments and closure of dealerships due to lockdown restrictions,” he added.
Menon famous that because the nation battles the second wave of COVID-19 pandemic, the Indian vehicle business has been standing shoulder to shoulder with the federal government and native authorities to offer all important medical and non-medical help to the society, on this troublesome time.
“Vehicle manufacturing has been restricted and Original Equipment Manufacturers (OEMs) have come forward to augment oxygen supply for medical use. Industry is putting all efforts to increase the availability of oxygen by providing oxygen generating plants, concentrators, cylinders, mobile oxygen vans, setting-up vehicle tracking systems in oxygen carrying vehicles to reduce their turn-around-time, etc,” Menon mentioned.
In truth, some members have additionally tied up with PSA plant producers to de-bottleneck their operations and scale up manufacturing of oxygen vegetation, he added.
In April Maruti Suzuki’s dispatches to dealerships stood at 1,35,879 items, as in comparison with 1,46,203 items in March. Similarly, Hyundai Motor India dispatched 49,002 items, as towards 52,600 items in March.