Passenger automobiles gross sales witnessed 44 per cent progress in July 2021 in comparison with corresponding interval
As lockdowns in a number of states throughout the nation have been eased and the Coronavirus an infection fee has significantly come down within the final two months, the home passenger automobiles gross sales witnessed an enormous rise of 44 per cent as 2,64,442 models had been offered in July 2021 in comparison with 1,82,779 models offered throughout the identical month of 2020.
In line with the information launched by the Society of Indian Vehicle Producers (SIAM), roughly 1,30,080 passenger vehicles had been offered in July 2021 towards 1,02,773 passenger vehicles offered in the identical month of 2020.
Two wheeler gross sales in July 2021 nonetheless fell to 12,53,937 models in July in comparison with 12,81,354 models offered within the corresponding interval of final 12 months.
On the similar time although, the gross sales of scooters jumped to three,66,292 models in July 2021, towards 3,34,288 models in the identical month of final fiscal.
Electrical automobile gross sales noticed a stupendous progress in July 2021, as 1,270 models had been offered in comparison with solely 143 models offered throughout July 2020.
“Indian Vehicle Trade continues to face heavy headwinds within the type of world semi-conductor scarcity and steep rise in commodity costs. On one hand, the business is managing such provide chain challenges whereas guaranteeing the protection of its individuals, and alternatively, Trade can be holding a detailed eye on the onset of the third wave in India and the world over,” stated Director Basic of SIAM, Rajesh Menon.
