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Tag: car sales in india

  • 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.

  • First time in FY21: Retail auto gross sales submit development in December

    While wholesale despatches have proven development for the previous few months, retail vehicle gross sales registered development in December — first time to date this fiscal.
    According to knowledge launched by the Federation of Automobile Dealers Associations (FADA) on Monday, retail gross sales throughout classes grew 11 per cent throughout December on a year-on-year (y-o-y) foundation.
    The development was on the again of an excellent crop season, higher provides within the two-wheeler phase, new launches each in passenger automobile in addition to two-wheeler segments and a worry of worth improve in January.

    While retail gross sales of PV had proven development in earlier months additionally, December for the primary time noticed gross sales of two-wheelers transfer into the constructive territory, rising by 12 per cent y-o-y.
    The gross sales development isn’t a surprise as being the calendar 12 months ending month sellers clear their shares as shoppers favor new 12 months manufactured automobiles. To push gross sales in the course of the month each producers and sellers provide reductions that are higher than earlier months. —FE

  • Passenger car retail gross sales improve 24% in December: Dealers’ physique FADA

    Automobile sellers’ physique FADA on Monday mentioned passenger car (PV) retail gross sales in December witnessed a year-on-year improve of 23.99 per cent to 2,71,249 items.
    According to the Federation of Automobile Dealers Associations (FADA), which collected car registration information from 1,270 out of the 1,477 regional transport places of work (RTOs), PV gross sales stood at 2,18,775 items in December 2019.
    Two-wheeler gross sales elevated 11.88 per cent to 14,24,620 items final month, as in comparison with 12,73,318 items in December 2019.

    Commercial car gross sales, nonetheless, slipped 13.52 per cent to 51,454 items in December 2020, as towards 59,497 items a yr in the past.
    Similarly, three-wheeler gross sales fell 52.75 per cent to 27,715 items final month, from 58,651 items in December 2019.
    Tractor gross sales, nonetheless, grew by 35.49 per cent to 69,105 items final month, towards 51,004 items in the identical month of 2019.

    Total gross sales throughout classes elevated 11.01 per cent to 18,44,143 items final month in comparison with 16,61,245 items in December 2019.