Indian automobile sales down 30 percent in April

Friday, 14 May 2021 09:28:01 (GMT+3)   |   Kolkata
       

Aggregate sales of automobile vehicles declined 30 percent during April 2021 compared to March, according to data released by Society of Indian Automobile Manufacturers (SIAM) on Friday.

“Supply chain related production challenges continue with lockdown restrictions in many parts of the country. The demand has been clearly impacted by the second wave of the pandemic both in terms of low consumer confidence and closure of dealerships,” Rajesh Menon, director general, SIAM said.

It might be noted that domestic automobile manufacturers treat dispatches from plants to dealers as sales. Also data has been released with month-on-month comparative basis as sales during April 2020 had been nil owing to complete national lockdown.

Passenger vehicle sales declined 10 percent to 2,61,633 units in April 2021 compared with March 2021 as the Covid-19-led restrictions impacted demand, Siam said. Passenger vehicle sales in March 2021 was 2,90,939 units.

Two-wheeler dispatches to dealers declined 33 percent to 9,95,097 units last month compared with 14,96,806 units in March.

Three-wheeler sales also declined 57 percent to 13,728 units compared with 31,930 units in March this year.


Similar articles

India’s automobile retail sales increase by 10% in FY 2023-24

08 Apr | Steel News

Indian passenger car makers maintain robust sales growth in March

03 Apr | Steel News

Indian automobile vehicle retail sales see 13% growth in February

07 Mar | Steel News

Indian passenger car sales increase by 11 percent in February

05 Mar | Steel News

India’s retail automobile sales up 15 percent in January

13 Feb | Steel News

Indian passenger car makers report strong sales in January

05 Feb | Steel News

ICRA: Indian auto industry to achieve 6-9% growth in FY 2023-24

29 Jan | Steel News

India’s automobile retail sales up 21 percent in December

09 Jan | Steel News

Indian passenger car sales show mixed trend in December

04 Jan | Steel News

India’s automobile retail sales up 18 percent in November

06 Dec | Steel News