Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers and Quadricycle in the month of September 2020 was 2,619,045 units, as against 2,344,328 units in September 2019 with marking a growth of 11.72%.
Domestic Sales:
- Passenger Vehicle* sales was 272,027 units in September 2020, compared to 215,124 units in September 2019, with a growth of 26.45%.
- Three-wheeler sales was 18,640 units in September 2020 compared to 66,362 units in September 2019 marking a decrease by (-) 71.91%.
- Two-wheeler sales was 1,849,546 units in September 2020, compared to 1,656,658 units in September 2019, with a growth of 11.64%.
Quarterly Performance: July-September 2020 (Q2 FY-21)
Production: The total production of Passenger Vehicles**, Commercial Vehicles#, Three Wheelers, Two Wheelers and Quadricycle in April-September 2020 was 6,698,931 units, as against 7,209,133 units in April-September 2019 with marking a degrowth of (-)7.08%.
Domestic Sales:
- Passenger Vehicle** sales was 726,232 units in September 2020, compared to 620,620 units in September 2019, with a growth of 17.02%.
- Commercial Vehicle# sales was 133,524 units in September 2020, compared to 167,173 units in September 2019, with a de-growth of (-) 20.13%.
- Three-wheeler sales was 45,902 units in September 2020 compared to 180,899 units in September 2019 marking a decrease by (-) 74.63%.
- Two-wheeler sales was 4,690,565 units in September 2020, compared to 4,682,571 units in September 2019, with a marginal growth of 0.17%.
Half yearly Performance: April - September 2020 (H1 FY-21)
Production: Total production of Passenger Vehicles**, Commercial Vehicles#, Three Wheelers, Two Wheelers and Quadricycle in April-September 2020 was 8,185,672 units as against 14,422,179 units in April-September 2019 with a decline of (-) 43.24%.
Domestic Sales:
- Passenger Vehicle** sales was 879,966 units in April-September 2020, compared to 13,33,304 units in April-September 2019, down by (-) 34.00%.
- Commercial Vehicle# sales was 165,160 units in April-September 2020 compared to 375,483 units in April- September 2019, down by (-) 56.01%.
- Three-wheeler sales was 58,662 units in April-September 2020 compared to 330,696 units in April- September 2019, down by (-) 82.26%.
- Two-wheeler sales was 5,983,678 units in April-September 2020, compared to 9,695,638 units in April-September 2019, down by (-) 38.28%
Commenting on the September 2020 data, Mr Rajesh Menon, Director General, SIAM said “In the month of September 2020, Auto Industry witnessed improvement in the sales of Passenger Vehicles by 26.45% and two-wheelers by 11.64%, while sales of three-wheelers registered a degrowth of -71.91%, as compared to September last year. Further, in the Quarter, July-September 2020, Passenger Vehicles grew by 17.02%, Two-Wheelers grew by 0.17%, Three-Wheelers saw a de-growth of -74.63% and sales of Commercial Vehicle declined by -20.13%, compared to the same Quarter in 2019.”
Commenting on the September 2020 data, Mr Kenichi Ayukawa, President, SIAM said “The Indian automotive industry is working hard amidst this tough COVID-19 situation to increase production and sales, while ensuring the safety of customers and employees across the whole value chain.
In Quarter-2 some segments have shown signs of recovery. Passenger Vehicles and Two-Wheelers are positive, although on a very low base of previous year. We are expecting good demand in the festive season starting tomorrow. Thanks to government intervention, auto loan interest rates are below 8%, the lowest in a decade and that should encourage customers to
purchase new vehicles. Commercial vehicle and three-wheeler sales are still in the negative growth zone. We are proud that with the last of crash safety standards implemented in October 2020, India is almost at par with Europe on safety and emission standards. The Indian Automobile industry will continue to contribute to the economy, environment and society.”
