Sumary of Passenger vehicle sales in India dip 66% in May as Covid disruptions take toll: Siam:
- Passenger vehicle wholesales in India witnessed a month-on-month decline of 66 per cent in May as lockdowns across various states impacted dispatches to dealers, auto industry body Siam said on Friday..
- As per the latest data by the Society of Indian Automobile Manufacturers (Siam), two-wheeler dispatches to dealers dropped by 65 per cent to 3,52,717 units, compared to 9,95,097 units in April..
- Menon noted that the Indian automobile industry stands committed to support the government in its battle against COVID-19 pandemic through various initiatives to augment availability of oxygen, support healthcare infrastructure and local communities..
- Last month, the country’s largest carmaker Maruti Suzuki India dispatched 32,903 units to its dealer partners, down from 1,35,879 units in April..
- Similarly, Hyundai Motor India’s wholesales last month dropped to 25,001 units as compared with 49,002 units in April..
- Mahindra dispatched 8,004 passenger vehicle units to their respective showrooms last month as compared with 16,111 and 18,285 units respectively in April….