As many as 88,045 passenger vehicles were sold last month, compared to 33,546 units sold in the year-ago period, according to data released by industry body Society of Indian Automobile Manufacturers (SIAM).
New Delhi [India], June 11 (ANI): The automobile industry produced 8.06 lakh units in May but sales declined in strong double-digits with several state governments imposing lockdowns to check the spread of COVID-19's second wave.
Key Prominent Players Covered in the Connected Motorcycle Market are Panasonic Corporation, Osaka, Japan), Robert Bosch GmbH (Stuttgart, Germany), BMW.
Passenger vehicle sales in India dip 66% in May as Covid disruptions take toll: Siam
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Passenger vehicle sales in India dip 66% in May as Covid disruptions take toll: Siam
PTI / Jun 11, 2021, 14:13 IST
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NEW DELHI: 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.
Passenger vehicle wholesales in May stood at 88,045 units, as compared to 2,61,633 units in April.
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.