Passenger car wholesales in India declined by way of 27 in step with cent year-on yr in October with semiconductor shortage hitting manufacturing of automobile manufacturers, automobile industry body SIAM said on Friday.
Passenger car sales remaining month stood at 2,26,353 units, as compared to three,10,694 gadgets in the yr-ago length.
As in line with the ultra-modern information by using the Society of Indian Automobile Manufacturers (SIAM), -wheeler dispatches to dealers additionally witnessed a 25 in keeping with cent decline at 15,41,621 gadgets, as compared to 20,fifty three,814 devices in October 2020.
Motorcycle dispatches have been also down 26 consistent with cent last month to 10,17,874 gadgets, as in opposition to thirteen,82,749 units inside the 12 months-in the past length.
Scooter sales fell 21 according to cent to 4,67,161 units, from five,ninety,507 gadgets in the yr-in the past month, SIAM stated.
Vehicle income throughout passenger motors, 3-wheelers, -wheelers and quadricycles categories ultimate month, declined through 25 per cent to 17,ninety nine,750 devices, from 23,91,192 units in October 2020.
"Manufacturers were banking on the festive season to recover from the severe drop in sales they have got confronted in the early part of the monetary year 2021-22. However, shortage of semiconductors and steep hike in raw fabric cost have been a major spoilsport for the enterprise," SIAM Director General Rajesh Menon stated.
Last month, the whole production of passenger vehicles, three-wheelers, -wheelers and quadricycles stood at 22,14,745 units, down 22 in line with cent from 28,30,844 devices in October 2020.
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