New Delhi, September 10
Automobile wholesales in India declined 11% year-on-year in August, as the semiconductor shortage hit production processes across the industry, SIAM said on Friday.
Motorcycles’ sales dip 20%
- Total wholesales, excluding commercial vehicles, declined to 15,86,873 units in August, compared to 17,90,115 units in August 2020
- Two-wheeler dispatches declined by 15% to 13,31,436 units in August, compared to 15,59,665 units in the year-ago period
- Motorcycle sales were at 8,25,849 units as against 10,32,476 units in August 2020, down 20%
The total wholesales across categories, excluding commercial vehicles, declined to 15,86,873 units last month, compared to 17,90,115 units in August 2020.
According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches from OEMs to dealers declined last month while passenger vehicle and three-wheeler wholesales witnessed an increase over August 2020.
Two-wheeler dispatches from the OEMs to dealerships declined by 15% to 13,31,436 units in August, compared to 15,59,665 units in the year-ago period.
Motorcycle sales were at 8,25,849 units last month as against 10,32,476 units in August 2020, down 20%.
Similarly, scooter dispatches declined 1% to 4,51,967 units last month from 4,56,848 units a year ago.
Commenting on the August sales, SIAM Director General Rajesh Menon said the Indian automobile industry is reeling under pressure due to supply chain challenges.
“The global semiconductor shortage continues and now it is having an acute impact on output across the auto industry,” he added. — PTI
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