Auto sales in Aug: Domestic sales up, exports down
The Indian automotive industry in August rolled out about 23.85 lakh vehicles comprising passenger carriers, three/two wheelers and quadricycles, according…
The Indian automotive industry in August rolled out about 23.85 lakh vehicles comprising passenger carriers, three/two wheelers and quadricycles, according…
The two-wheeler sales rose 1,426,865 units in February 2021, compared to 1,294,787 units, representing a growth of 10.20 per cent.
The industry body’s data showed that two-wheeler dispatches to dealers also rose 6.63 per cent to 14,29,928 units, compared to 13,41,005 units in January 2020.
The demand for three-wheelers is yet to revive and sales in December plunged nearly 59 per cent to 22,126 units, showed the SIAM data.
In the October-December quarter this fiscal, passenger vehicle sales increased 14.44 per cent to 8,97,908 units from 7,84,616 units in the year-ago period.
A report suggests that the delay is primarily caused by the manual inspection of import consignments.
Vehicle sales across categories stood at 16,46,332 units last month as against 20,34,597 units in February 2019, SIAM data showed.
Indian automakers import about 10 per cent of their raw materials from the virus-affected nation.
On the other hand, commercial vehicles’ sales were down 14.04 per cent to 75,289 units in January, the data added.
He further said it was too early to assess how much of components come from China would see disruption.