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.