AUTO UPDATE: Sales of passenger vehicles plummeted 10 percent in April, SIAM report reveals


The impact of the growing Kovid-19 infection in India is once again beginning to be seen in the automobile sector. Let us tell you that according to the recent report of the auto industry body SIAM, the wholesale sales of passenger vehicles in India have come down by 10 percent as compared to earlier. Let us tell you that this sale has come down to 2,61,633 units in April, which is less than March. Demand for vehicles has been severely affected in many states due to restrictions imposed due to COVID-19. This information was given by Auto Industry Body SIAM on Wednesday.

While the wholesale sales of passenger vehicles in India stood at 2,61,633 units in April, the figure for sales in March 2021 went up to 2,90,939 units. This is to say that due to curfew and lockdown, people are now buying fewer vehicles than before. In such a situation, people are also avoiding spending money. Let us tell you that in April of 2020, there was no sale of passenger vehicles due to the lockdown caused by the coronavirus.

SIAM Director General Rajesh Menon stated that "As expected, the COVID wave has affected vehicle sales in April 2021. Passenger vehicle sales declined by about 10.07 percent compared to March 2021, due to various restrictions in states that are experiencing an uptick in the COVID-19 case.

According to the latest figures from the Society of Indian Automobile Manufacturers (SIAM), sales of dispatched two-wheelers with dealers declined by 33 percent to 9,95,097 units last month as compared to 14,96,806 units in March.

Let us tell you that there has been a decline of 33 percent in the sale of motorcycles, which is 6,67,841 units. At the same time, in March this year, these sales were 9,93,996 units. Similarly, the sales of scooters have come down by 34 percent to 3,00,462 units as against 4,57,677 units in March.

Three-wheeler sales also fell 57 percent to 13,728 units as compared to 31,930 units in March this year. Vehicle sales fell 30 percent to 12,70,458 units last month from 18,19,682 units in March.