Passenger vehicle sales decline by over 2 pc in 2020-21: SIAM

Passenger vehicle sales in India declined by over two per cent in the 2020-21 fiscal as the COVID-19 pandemic has put brakes on the sector which has already been witnessing a structural slowdown over the last few years, industry body SIAM said on Monday.

migrator

Published:13th Apr, 2021 at 12:11 AM

New Delhi

As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), in the 2020-21 fiscal, passenger vehicle wholesales declined by 2.24 per cent to 27,11,457 units as against 27,73,519 units in 2019-20. Total two-wheeler dispatches during the last fiscal by companies to their respective dealer partners declined by 13.19 per cent to 1,51,19,387 units, as compared to 1,74,16,432 units in 2019-20.

Total commercial vehicles sales declined by 20.77 per cent to 5,68,559 units last financial year, as against 7,17,593 units in 2019-20.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Passenger vehicle sales decline by over 2 pc in 2020-21: SIAM

Passenger vehicle sales in India declined by over two per cent in the 2020-21 fiscal as the COVID-19 pandemic has put brakes on the sector which has already been witnessing a structural slowdown over the last few years, industry body SIAM said on Monday.

Also Read

Fuming TNCC chief complains against Chakravarthy meddling

First honour in temple belongs to deity: Madras HC

PMK founder elected prez, says Ramadoss faction; Anbumani camp disputes

Control your tongue, angry Sellur Raju asks Vijay to behave

Dubai-returned couple abducted in Chennai over money row