Passenger vehicle sales rise 26% in Sep 2020, passenger car sales up by nearly 29%: SIAM
Passenger vehicle sales
Amid the coronavirus crisis prevailing in the country the data by Society of Indian Automobile Manufacturers(SIAM)on Friday showed an increase of 26.54% in sales of passenger vehicles in the country. As compared to the sale percentage in September 2019,The passenger vehicles sale rose to 2,72,027 units in September 2020, as against 2,15,124 units in September 2019.
According to the latest data by the Society of Indian Automobile Manufacturers, two wheeler sales also rose 11.64% to 18,49,546 units, compared with 16,56,658 units in the same month last year.While, motorcycle sales were at 12,24,117 units as against 10,43,621 units in September 2019, up 17.3%, scooter sales were also up marginally at 5,56,205 units from 5,55,754 units in the same month last year.
As per the data a growth of 28.92% has been registered in the sales of Passenger Cars in September 2020.As compared to September 2019.While the sales for Utility Vehicles also witnessed an increase of 24.50%, Sales of Vans grew by 10.64% in September 2020. As compared to September 2019.
A total of 2,619,045 units including Passengers Vehicle Three-wheelers,Two-wheelers&Quadricycle were produced in September 2020.As against 2,344,328 in September 2019.Witnessing a growth of 11.72%.
In the July-September 2020 quarter passenger vehicles sales increased 17.02% to 7,26,232 units from 6,20,620 units in the same period of last fiscal. Two – wheelers sales during the September quarter this fiscal rose to46,90,565 units as compared with 46,82,571units in the same period last fiscal.
However, commercial vehicles sales saw a dip of20.13% at 1,33,524units in the quarter under review, as compared with 1,67,173 units in July – September 2019.Vehicle sales across categories during the second quarter declined to 55,96,223units,as against 56,51,459units in the same period of the previous fiscal.
While the total exports of Passenger Vehicles and Three wheelers witnessed a decrease of 35.89% and 5.35% respectively in September 2020.As compared to September 2019, the total exports of Two-wheelers grew by 9.17% in September 2020 as compared to the corresponding month last year.
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