Monthly Performance: October 2021
Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers and Quadricycles in the month of October 2021 was 22,14,745 units.
Domestic Sales:
- Passenger Vehicles* sales was 2,26,353 units in October 2021.
- Three-wheeler sales was 31,774 units in October 2021.
- Two-wheeler sales was 15,41,621 units in October 2021.
Performance: April – October 2021
Production: Total production of Passenger Vehicles**, Three Wheelers, Two Wheelers and Quadricycles in April-October 2021 was 1,29,51,830 units.
Domestic Sales:
- Passenger Vehicles** sales was 16,14,067 units in April-October 2021
- Three-wheeler sales was 127,195 units in April-October 2021
- Two-wheeler sales was 80,59,237 units in April-October 2021
Commenting on the October 2021 sales data, Mr Rajesh Menon, Director General, SIAM said “The Passenger Vehicles sales in October 2021 were down by (-) 27.15% and Two-Wheelers were down by (-) 24.94% compared to October 2020. Though the numbers of Three-Wheelers in October 2021 sold were more than the previous year, it is still less than half of what was sold in October 2019.
Manufacturers were banking on the festive season to recover from the severe drop in sales they have faced in the early part of financial year 2021-22. However, shortage of semiconductors and steep hike in raw material cost have been a major spoilsport for the Industry.”
Detail … Click PDF :