Categories: Business

Passenger vehicle sales jumped to 2.64 lakh in July: Siam

New Delhi: The sale of passenger vehicles amounted to 2.64 lakh units in July compared with 1.82 lakh units in the same month 2020 and 1.9 lakh in the previous year, the Society of Indian Automobile Manufacturers (Siam) said on Thursday.
Of these, the number of passenger cars was 1.3 lakh in July 2021 versus 1.02 lakh in July 2020 and 1.16 lakh in July 2019.
The utility vehicle amounted to 1.24 lakh, 71,384 and 62,681 in the same period.
However, the tricycle sales were 17,888 units in July this year compared to 12,728 in July last year and 55,719 in July 2019.
Two-wheel sales totaled 12.53 lakh units last month compared to 12.81 lakh in July 2020 and 15.11 lakh July and 15.11 2019.
It took overall domestic sales of all categories up to 15.36 lakh in July 2021 versus 14.76 lakh in the same month last year and 17.57 lakh in July 2019.
Director General Siam Rajesh Menon said the car industry Continue to face heavy headwinds in the form of global semiconductor deficiency and rising commodity prices.
On the one hand, this industry manages the supply challenge while ensuring the safety of the people.
On the other hand, this industry also pays attention to the emergence of the third wave in India and throughout the world.
“In the midst of a challenging and uncertain business environment, this industry is trying to maximize production and sales,” said Menon.
In the period April to July, sales of domestic passenger vehicles totaled 9.1 lakh units.
Tricycle sales are 42,264 units and sales of two wheels totaling 36.57 lakh units.
Watch sales of passenger vehicles amounted to 2.64 lakh units in July: Siam

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