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Thursday, June 17, 2021

Auto Sector Wholesales: Passenger vehicle sales hit lockdown bumper in April

The industry witnessed sales of 2,61,633 units in April as against sales of 2,90,939 units in March 2021.

By: ENS Economic Bureau | New Delhi |
Updated: May 13, 2021 4:00:54 am
car sales, auto salesPassenger vehicle sales in March 2021, stood at 2,90,939 units. (File photo)

As several states announced lockdowns or Covid curfew in April, passenger vehicle wholesales witnessed a dip over March numbers. According to data released by Society of Indian Automobile Manufacturers (SIAM), passenger vehicle sales witnessed a month-on-month decline of 10 per cent in April.

The industry witnessed sales of 2,61,633 units in April as against sales of 2,90,939 units in March 2021.

“As expected, the Covid wave has impacted the sales of vehicles in the month of April 2021. Sales of passenger vehicles fell by about 10.07 per cent, compared to March 2021, due to various restrictions in states which have been experiencing a surge in Covid cases,” said Rajesh Menon, director general, SIAM. In April 2020, the industry had witnessed nil passenger vehicle sales on account of a nationwide lockdown announced by the Central government in March 2020.

The two-wheeler industry also witnessed a decline. SIAM data shows that the two-wheeler dispatches to dealers declined by 33 per cent to 9,95,097 units last month, as compared to 14,96,806 units in March. While motorcycle sales dipped 33 per cent to 6,67,841 units, as against 9,93,996 in March, scooter sales fell 34 per cent at 3,00,462 units, from 4,57,677 units in March.

Three-wheeler sales also declined by 57 per cent to 13,728 units, as compared to 31,930 units in March this year.

Vehicle sales across categories declined by 30 per cent to 12,70,458 units last month, as against 18,19,682 units in March. Menon noted that supply chain-related production challenges continue amid lockdown restrictions in many parts of the country.

In April 2020, there were nil passenger vehicle sales due to the lockdown; source: SIAM

“The demand has been clearly impacted by the second wave of COVID-19, both in terms of low consumer sentiments and closure of dealerships due to lockdown restrictions,” he added.

Menon said as the country battles the second wave, the automobile industry has been standing shoulder-to-shoulder with the government and local authorities to provide all essential medical and non-medical support to the society.

“Vehicle manufacturing has been restricted and Original Equipment Manufacturers have come forward to augment oxygen supply for medical use. Industry is putting all efforts to increase the availability of oxygen by providing oxygen generating plants, concentrators, cylinders, mobile oxygen vans, setting-up vehicle tracking systems in oxygen carrying vehicles to reduce their turn-around-time, etc,” Menon said.

Some members have also tied up with PSA plant manufacturers to de-bottleneck their operations and scale up production of oxygen plants, he added. In April, Maruti Suzuki’s dispatches to dealerships stood at 1,35,879 units, as compared to 1,46,203 units in March. Similarly, Hyundai Motor India dispatched 49,002 units, as against 52,600 units in March.

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