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Read more about Passenger vehicle sales increase 13.6% in December, says SIAM on Business Standard. Passenger vehicle sales jumped 13.6 per cent in December to 2.52 lakh units as compared to 2.22 lakh in the year-ago period, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.
India s automobile exports drop 18.87 pc in 2020: SIAM
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Last Updated: Jan 14, 2021, 04:17 PM IST
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Synopsis
Passenger cars exports dropped by 47.89 per cent at 2,76,808 units last year as against 5,31,226 units exported in 2019. Utility vehicles exports also dropped by 12.60 per cent at 1,49,842 units as compared to 1,71,440 units in the previous year, according to SIAM.
New Delhi: Automobile exports from India declined 18.87 per cent in 2020, a year marked by coronavirus pandemic induced disruptions across the globe, according to the latest figures by Society of Indian Automobile Manufacturers (SIAM), Overseas shipments of vehicles in the January-December period last year stood at 38,65,138 units as against 47,63,960 units in the same period in 2019, SIAM said.
Passenger Vehicle Sales Witness 13.59 Per Cent Increment In December 2020
About 252,998 passenger vehicles were sold in December 2020, witnessing a double-digit growth of 13.59 per cent as against 222,728 units sold in December 2019, according to the data shared by SIAM.
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After a challenging year, the high sales in December was the silver lining of 2020 for OEMs
Highlights
Two-wheeler sales in December grew by 7.42% with 11,27,917 units sold
The PV sector grew by 5.76% last month with 14,03,041 units sold
Recovering from a difficult year on many front, the Indian passenger vehicle segment saw a silver lining as it concluded the year on a high. The sector saw 252,998 units were sold in December 2020, witnessing a double-digit growth of 13.59 per cent as against 222,728 units sold in December 2019, according to the data shared by the Society of Indian Automobile Manufacturers (SIAM). It is to be noted that the sales
Passenger vehicle sales grow 13.6% in Dec; signals rebound in auto sector
Total production of passenger vehicles, three-wheelers, two-wheelers and quadricycles in December stood at 1,907,811 units against 1,750,347 units in December 2019, recording 9% growth
Manoj Sharma | January 14, 2021 | Updated 17:36 IST
SIAM collates and releases industry sales data every month
Passenger vehicles sales grew 13.59 per cent in December 2020 at 252,998 units compared to 222,728 units in December 2019, according to industry body SIAM (Society of Indian Automobile Manufacturers). This is a significant improvement in PV sales after growth of 4.65 per cent was recorded in November.
Two-wheeler sales also grew 7.42 per cent to 1,127,917 units in December 2020 compared to 1,050,038 units in the previous year. Three-wheeler sales stood at 22,126 units in the said month compared to 53,795 units in December 2019, marking 58.87 per cent decline.