PTI
New Delhi, January 14
Passenger vehicle wholesales in the country declined 13% to the lowest level in five years in December last year as the industry continued to face production issues due to semiconductor shortage, auto industry body SIAM said on Friday.
Passenger vehicle dispatches last month stood at 2,19,421 units compared to 2,52,998 units in December 2020.
Two-wheeler sales down 11%
- Passenger vehicle dispatches in December stood at 2,19,421 units compared to 2,52,998 units in December 2020
- As per the latest data from the Society of Indian Automobile Manufacturers, two-wheeler wholesales also fell 11% to 10,06,062 units in December 2021. In the year-ago period, the same stood at 11,27,917 units
While acknowledging that the chip shortage situation is not expected to dramatically change in the short term, the industry body expressed hope that things will improve soon.
As per the latest data from the Society of Indian Automobile Manufacturers (SIAM), two-wheeler wholesales also fell 11% to 10,06,062 units in December 2021. In the year-ago period, the same stood at 11,27,917 units.
Motorcycle sales declined 2% to 7,26,587 units in December last year compared to 7,44,237 units in the same period a year ago.
Scooter sales were also down 24% to 2,46,080 units in December 2021. During the same time last year, it was at 3,23,757 units.
In the December quarter of the current fiscal, passenger vehicle sales dropped 15% to 7,61,124 units from 8,97,908 units in the year-ago period.
During the same time, two-wheeler sales fell 25% to 35,98,299 units compared to 47,82,110 units in the same period a year earlier.
However, commercial vehicle sales saw a marginal increase to 1,94,712 units in the quarter under review as against 1,93,034 units in December quarter of 2020.
During the 2021 December quarter, vehicle sales across categories declined 22% on a year-on-year basis to 46,36,549 units. The same was at 59,46,283 units in the year-ago period. —
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