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INDIA’S AUTO Industry sales decline by 75% in 1st Quarter: SIAM

FWM by FWM
July 14, 2020
in Auto
0

Auto Industry Decline by 75% During the 1st Quarter of 2020-21 Compared to Same Period Last Year Significant Improvement in June 2020 for Passenger Vehicle and Two Wheelers Compared to Previous Months

Monthly Performance: June 2020

Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers and Quadricycle in the month of June 2020 was 1,094,363 as against 2,253,407 in June 2019 with a degrowth of (-) 51.44%.

Domestic Sales:

•     Passenger Vehicles* sales was 105,617 units in June 2020, compared to 209,522 units in June 2019 marking a decrease by (-) 49.59%.

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•     Three-wheeler sales was 10,300 units in June 2020 compared to 51,885 units in June 2019 marking a decrease by (-) 80.15%.

•     Two-wheeler sales was 1,013,431 units in June 2020, compared to 1,649,475 units in June 2019 marking a decrease by (-) 38.56%.

Quarterly Performance: April – June 2020 (Q1 FY-21)

Production: The industry produced a total 1,486,594 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in April-June 2020 as against 7,213,045 in April- June 2019 with a decline of (-) 79.39%

Domestic Sales:

•     Passenger Vehicles** sales was 153,734 units in April-June 2020, compared to 712,684 units in April- June 2019, down by (-) 78.43%.

•   Commercial Vehicles sales was 31,636 units in April-June 2020 compared to 208,310 units in April-June

2019, down by (-) 84.81%.

•     Three-wheeler sales was 12,760 units in April-June 2020 compared to 149,797 units in April-June 2019, down by (-) 91.48%.

•   Two-wheeler sales was 1,293,113 units in April-June 2020, compared to 5,013,067 units in April-June

2019, down by (-) 74.21%

* BMW, Mercedes, Tata Motors & Volvo Auto data is not available

** BMW, Mercedes & Volvo Auto data is not available

Tags: Auto Industry
FWM

FWM

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