Vehicle Sales Drop 41.2% in September

Vehicle Sales Drop 41.2% in September

India’s overall domestic passenger vehicle sales dropped 41.2% to 160,070 units from 272,027 units last year in September, as high commodity prices and semiconductor crunch increases problems for automakers.

Retail sales of passenger vehicles and two-wheelers in the festive season’s initial phase appear relatively dull pan-India. As per the industry sources, passenger vehicle makers retailed around 85,000 units, versus 1,75,000 units last year during Navratri and Dussehra. Vahan registration data, sourced from the Federation of Automotive Dealers Association (FADA), showed that Navratri retailing declined 17% on-year to 2.55 lakh units in the two-wheeler segment.

Society of Indian Automobile Manufacturers (SIAM) data revealed on 14th October 2021 that the Domestic passenger vehicle sales dropped 30.7% month-on-month to 1.60 lakh units in September. September’s Passenger Vehicle sales were far lower than August’s 2.32 lakh units on a sequential basis. Domestic Passenger Vehicle sales stood at 2.72 lakh units in September last year.

Passenger Vehicle sales data comprises cars, utility vehicles and vans. The combined production of passenger vehicles, three-wheelers, two-wheelers and quadricycles stood at 21.25 lakh units in September this year. While 3.58 lakh two-wheeler units were exported, 38,518 three-wheeler units were exported in September 2021. Overall, 53,586 passenger vehicle units were exported during the month.

In the two-wheeler segment, Scooter sales saw a decline of 7% from 5.56 lakh units in September 2020 to 5.17 lakh units in September 2021.Motorcycle sales, on the other hand, went down by 22% to 9.48 lakh units last month from 12.24 lakh units in the year-ago period. Vehicle sales across categories dropped 20% from 21.40 lakh units in the year-ago period to 17.17 lakh units in September this year.


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