Impact
Taking A Hit : Covid Second Wave Hits Passenger Car Sales , Slides By 10% In April 2021
Image : Representational Purpose Only
The premier auto industry body SIAM in its latest report has indicated that Passenger vehicle wholesales in India declined by 10 per cent to 2,61,633 units last month as compared to March this year, as COVID-19-led restrictions across various states impacted demand.
PTI reported that the Passenger vehicle sales in March 2021, stood at 290,939 units. “As expected, the COVID wave has impacted the sales of vehicles in the month of April 2021.
Sales of passenger vehicles fell by about 10.07 per cent, compared to March 2021, due to various restrictions in states which have been experiencing a surge in COVID-19 cases,” SIAM director general Rajesh Menon said.
There were no passenger vehicle sales in April 2020, due to coronavirus-led nationwide lockdown.
As per the latest data by Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to dealers declined by 33 per cent to 9,95,097 units last month, as compared to 14,96,806 units in March.
