Passenger automobile gross sales in India dip 66% in May as COVID disruptions take toll: SIAM

Passenger automobile wholesales in India witnessed a month-on-month decline of 66 per cent in May as lockdowns throughout numerous states impacted dispatches to sellers, auto trade physique SIAM stated on Friday.
Passenger automobile wholesales in May stood at 88,045 items, as in comparison with 2,61,633 items in April.
As per the newest knowledge by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to sellers dropped by 65 per cent to three,52,717 items, in comparison with 9,95,097 items in April.
Motorcycle gross sales declined 56 per cent final month to 2,95,257 items, as towards 6,67,841 items in April.

Similarly, scooter dispatches to showrooms had been down 83 per cent to 50,294 items, from 3,00,462 items in April this 12 months.
Three-wheeler gross sales declined by 91 per cent to 1,251 items, as in comparison with 13,728 items in April.
Vehicle gross sales throughout classes witnessed a dip of 65 per cent to 4,42,013 items final month, as towards 12,70,458 items in April this 12 months.
Commenting on the gross sales knowledge, SIAM Director General Rajesh Menon stated that many states had been below lockdown resulting from COVID-19 instances for many a part of the May thus impacting total gross sales and manufacturing in the course of the month.
“Many members (auto cos) had also shut down their manufacturing plants to divert oxygen from industrial use for medical purposes,” he added.
Menon famous that the Indian car trade stands dedicated to assist the federal government in its battle towards COVID-19 pandemic by way of numerous initiatives to enhance availability of oxygen, assist healthcare infrastructure and native communities.
Original gear producers (OEMs) have additionally taken up large-scale vaccination of their workers, members of the family and seller companions, he added.
Last month, the nation’s largest carmaker Maruti Suzuki India dispatched 32,903 items to its seller companions, down from 1,35,879 items in April. Similarly, Hyundai Motor India’s wholesales final month dropped to 25,001 items as in contrast with 49,002 items in April.
Kia India delivered 11,050 items, whereas Mahindra & Mahindra dispatched 8,004 passenger automobile items to their respective showrooms final month as in contrast with 16,111 and 18,285 items respectively in April.
Automobile retail gross sales within the nation declined by 55 per cent in May as in comparison with April this 12 months.

With COVID restrictions in numerous states, whole registrations throughout classes in May dropped to five,35,855 items as in comparison with 11,85,374 items in April this 12 months.
According to the Federation of Automobile Dealers Associations (FADA), which collected automobile registration knowledge from 1,294 out of the 1,497 regional transport workplaces (RTOs), passenger automobile (PV) gross sales declined by 59 per cent in May as in contrast with 2,08,883 items in April this 12 months.