Passenger vehicle production decreased 57.74% to 1,07,477 units, according to SIAM
- Sales in the domestic market dropped to 1,05,617 passenger vehicles last month, from 2,09,522 in June 2019. The number includes sales of passenger cars, utility vehicles and vans.
- That included sales of 1,32,077 passenger cars in June, down 57.98 per cent compared to 55,497 units in the year-ago period.
- "Inordinate delays in clearance due to congestion at ports could eventually impact manufacturing of vehicles in India. The industry is piecing itself together as growth is limping back; any further disruption at this juncture is best avoided," said Rajan Wadhera, president, SIAM.
- Sales of two- and three-wheelers declined 39.83 per cent to 10,23,731 units, including passenger as well as goods carriers, scooters, mopeds and electric vehicles, data showed.
- However, there was significant improvement in the passenger vehicle and two-wheeler segments in June compared to previous months, trade body SIAM said.
- Commercial vehicle sales - excluding Daimler and Scania whose data were not available - tumbled 84.81 per cent to 31,636 units, SIAM said.
- Passenger vehicle production decreased 57.74 per cent to 1,07,477 units, including a 64.95 per cent fall to 57,785 passenger cars.
- Exports of passenger vehicles slumped 56.31 per cent, with a 58.15 per cent decline in case of passenger cars.
- In the quarter ended June 30, sales tanked 78.43 per cent to 1,53,734 passenger vehicles compared to the year-ago period. During this period, production crashed 83.95 per cent and exports 74.72 per cent.
- Earlier this month, Tata Motors reported a 81.92 per cent in decline to 23,845 domestic sales.
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