Passenger vehicle sales in India dip 66% in May as Covid disruptions take toll: Siam

passenger vehicle sales in india dip 66 in may as covid disruptions take toll siam

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….

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