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Supply side constraints dent India’s auto sector Dec sales – New Delhi News

Similarly, the sectors’ present off-take of passenger autos, two-and-three wheelers had been far behind the 2019 sales ranges.

In phrases of PVs, challenges pertaining to digital elements’ availability dragged sales decrease on a yr-on-yr foundation in December. Sales of passenger autos fell to 219,421 models in December as in comparison with 252,998 models bought through the corresponding month of 2020.

The knowledge furnished by the Society of Indian Automobile Manufacturers (SIAM) doesn’t embody sales figures from some key gamers corresponding to Tata Motors.

Segment-wise, a complete of 112,873 passenger vehicles had been bought within the home market in December, down from 146,864 models bought within the like interval of 2020.

The sales of different sub-classes corresponding to utility autos (UV) grew whereas vans’ degrew on a yr-on-yr foundation.

As per the information, UV sales rose to 97,137 models from 94,787 models, alternatively, the off-take of vans declined to 9,411 models from 11,347 models within the yr-in the past interval.

Besides, two-wheelers’ sales had been decrease in December 2021 at 1,006,062 models from 1,127,917 models bought within the like month of 2020.

However, three-wheelers’ sales through the month below assessment rose to twenty-eight,111 models from 22,476 models bought throughout December 2020. Overall, the home vehicle sectors’ off-take representing the sales of passenger autos, two-wheelers, three-wheelers and quadricycle fell to 1,253,604 models from 1,403,391 models bought throughout the identical interval of final yr.

Furthermore, the information confirmed that exports had been flat on a YoY foundation.

The general exports, together with PVs, two and three-wheelers and quadricycles rose to 463,176 models from 463,802 models throughout the identical interval of final yr.

Disclaimer: This story is auto-aggregated by a pc program and has not been created or edited by FreshersLIVE.Publisher : IANS-Media

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