Passenger vehicle sales stood at 2,15,626 units in November 2021 as against 2,64,898 units in the same month a year ago.
According to data released by Society of Indian Automobile Manufacturers (SIAM), semiconductor shortages continued to plague the automobile industry in the festive month of November 2021, with passenger vehicle wholesales accounting for over 18.6% and two-wheeler sales accounting for over 34%. There was a decline. Friday.
Passenger vehicle sales stood at 2,15,626 units in November 2021 as against 2,64,898 units in the same month a year ago. Passenger vehicle production also declined by 9.5 per cent to 2,66,552 units from 2,94,596 units during the month.
Similarly, dispatches to dealers for two-wheelers declined to 10,50,616 units as against 16,00,379 units in November 2020. year ago month.
“The industry is facing headwinds due to global semiconductor shortage. In the festive season, the industry was hoping to make up for lost ground, but sales in the month of November 2021 for passenger vehicles are the lowest in seven years. , was the lowest in 11 years for two-wheelers and the lowest in 19 years for three-wheelers,” said Rajesh Menon, Director General, SIAM.
Three-wheeler sales fell 6.64% to 22,471 units from 24,071 units in November 2020. The production of these vehicles also fell nearly 6% to 61,451 units from 65,460 units.
However, all three categories of exports showed an increase. Passenger vehicle exports grew by 15.5% to 44,265 units, two-wheeler exports grew nearly 9% to 3,56,659 units and three-wheeler exports grew by nearly 14% to 42,431 units.
“Amid the growing threat of the new COVID-19 variant of Omicron, the industry is actively ensuring the safety of employees and monitoring any supply chain disturbances,” Mr Menon said.
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