Pune: The Indian automakers passenger vehicle retail sales, the barometer of the Indian economy, jumped 13.3 per cent in January 2024 to 3,93,250 units, an all-time high retail sales, due to robust.
The two wheeler sale too witnessed a decline of 13.44 percent Year-on-Year as in January this year a total number 10,17,785 units were sold as compare to 11,75,832 in January 2021.
PV sales grow 17.9% in Feb amid supply chain challenges: SIAM
In fiscal year so far, auto industry sold 1.9 crore units against 2.4 crore during same period previous year, marking an 18.92 per cent decline. Three-wheeler sale saw biggest 69.77 per cent decline, followed by two-wheelers at 17.69 per cent
Manoj Sharma | March 10, 2021 | Updated 23:45 IST
Rajesh Menon, Director General, SIAM, supply chain challenges continue to be obstacles in smooth functioning of industry
Showing a strong comeback, passenger vehicles sales grew 17.92 per cent in February at 281,380 units compared to 238,622 units produced in February 2020, SIAM (Society of Indian Automobile Manufacturers) data showed. The overall sale passenger vehicles, three-wheelers, two-wheeler, and quadricycle saw 15.36 per cent growth at 22.5 lakh units in February 2021 as compared to 19.5 lakh sold in February 2020.
Passenger vehicle wholesales in February last year stood at 2,38,622 units. As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to dealers also rose 10.2 per cent to 14,26,865 units, compared to 12,94,787 units in February 2020. Motorcycle sales during the last month increased 11.47 per cent to 9,10,323 units as against 8,16,679 in February 2020. Scooter sales were also up 10.9 per cent at 4,64,744 units from 4,22,168 units a year ago. Three-wheeler sales, however, declined by 33.82 per cent to 27,331 units as compared with 41,300 units in February last year.
Vehicle sales across categories rose by 10.21 per cent to 17,35,584 units last month as against 15,74,764 units in the year-ago period.