Record 41.15 p.c drop in passenger automobile gross sales in September 2021: SIAM

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The downside of semiconductor scarcity affected gross sales of passenger automobiles.

According to the gross sales knowledge printed by Society of Indian Automobile Manufacturers (SIAM), the passenger automobile (PV) phase in India registered a steep decline of 41.15 per cent in September 2021 at 1,60,070 as in comparison with 2,72,027 models bought. Units bought. A yr in the past in the identical month. The passenger vehicles phase recorded a 60.82 per cent decline in gross sales at 64,235 models in September as towards 1,63,981 models bought final yr, as in comparison with 87,720 models within the utility automobile (UV) phase at 96,633 models. A decline of 9.22 p.c was registered. The vans phase additionally registered a decline of 28.89 per cent in gross sales at 8,115 models as in comparison with 11,413 models bought a yr in the past. Two-wheeler gross sales declined by 17.35 per cent to fifteen,28,472 models in the identical month as towards 18,49,546 models in the identical month final yr.

Read additionally: Auto Expo 2022 postponed citing uncertainty over COVID-19 third wave: SIAM

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Passenger automobile gross sales declined by 60.82 per cent in September 2021.

The decline in gross sales is especially attributed to provide constraints because of the ongoing chip shortages globally. That mentioned, passenger automobile gross sales within the July-September 2021 interval or the second quarter of FY22 grew by 2.07 per cent to 741,300 models as in comparison with 726,232 models in the identical interval final yr. However, the two-wheeler gross sales declined by 12.29 per cent to 46,90,565 models as in comparison with 41,13,916 models bought in the identical interval a yr in the past.

Read additionally: Auto Expo 2022 postponed citing uncertainty over COVID-19 third wave: SIAM

Royal Enfield Honda leads two wheeler sales

Two-wheeler gross sales had been additionally affected in September 2021.

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In the April-September 2021 interval or the primary half of FY 2022, the passenger automobile phase registered a wholesome development of 57.68 per cent in gross sales at 13,87,570 models as towards 8,79,966 models. Two-wheeler gross sales additionally rose 8.89 per cent to 65,17,616 models as towards 59,85,074 models bought in the identical interval a yr in the past. Quarterly gross sales development is attributed to a decrease base final yr in view of the nationwide lockdown to include the unfold of COVID-19.

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With inputs from NDTV

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