Auto sales fell 13.6% in year, grew 77% in March
The Hindu
‘Virus pushed sector back many years’
Even though total domestic vehicle sales grew almost 77% in March — albeit on a lower base — on an annual basis wholesales fell 13.6% to about 1.86 crore units in FY21, data from Society of Indian Automobile Manufacturers (SIAM) showed. Passenger vehicle wholesales more than doubled in March 2021 to over 2.9 lakh units, from a year earlier. Similarly, two-wheeler sales in the month grew 72% to more than 14.96 lakh units. Overall sales in March rose to 18.19 lakh units from 10.29 lakh units. The data did not include Tata Motors’ numbers. For FY21, passenger vehicle sales fell 2.24% to 27.11 lakh units. Commercial vehicles sales declined 20.8% to 5.68 lakh.More Related News