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Business Economy


Factory-gate shipments of cars, utility vehicles marginally lower in July than a year earlier

Factory-gate shipments of cars, utility vehicles marginally lower in July than a year earlier

New Delhi, Aug 11 (UNI) The total production of passenger vehicles, three-wheelers, two-wheelers and Quadricycle in July 2020 was 1,715,514 units, as against 2,428,518 units in July 2019 with a de-growth of (-) 29.36 per cent.

In Domestic Sales, passenger vehicles sales was 182,779 units in July 2020, compared to 190,115 units in July 2019 marking a decrease by (-) 3.86 per cent, according to a statement here on Tuesday.

Three-wheeler sales was 12,728 units in July 2020 compared to 55,719 units in July 2019 marking a decrease by (-) 77.16 per cent.

Two-wheeler sales was 1,281,354 units in July 2020, compared to 1,511,717 units in July 2019 marking a decrease by (-) 15.24 per cent.

Total production of passenger vehicles, three-wheelers, two-wheelers and quadricycle in April-July 2020 was 3,173,169 units as against 9,408,000 units in April-July 2019 with a decline of (-) 66.27 per cent.

Domestic Sales :

Passenger Vehicles sales was 336,513 units in April-July 2020, compared to 902,799 units in April-July 2019, down by (-) 62.73 per cent.

Three-wheeler sales was 25,488 units in April-July 2020 compared to 205,516 units in April-July 2019, down by (-) 87.60 per cent.

Two-wheeler sales was 2,574,467 units in April-July 2020, compared to 6,524,784 units in April- July 2019, down by (-) 60.54 per cent.

Commenting on the July 2020 data, SIAM Director General Rajesh Menon said, 'The month of July was significantly better than the preceding months and it instilled some confidence into the industry. Many OEMs have registered improved sales vis-a-vis the past few months, and this brings back a sentiment of resolve to the sector.'

SIAM president Rajan Wadhera stated “After few consecutive of months of plummeted sales in a post-Covid scenario, there are signs of Green-Shoots in Passenger vehicles and two-wheelers, where the year-on-year de-growth is much lesser than the previous months.'



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