Pro Plus

PV, 2W sales down 25% in October, 596,000 fewer units sold YoY

Record high fuel prices, chip crisis impacting carmakers and subdued consumer sentiment mean October 2021 was a forgettable month for Indian automakers.

By Mayank Dhingra

13 Nov 2021

3847 Views

While car sales at 226,353 units were down 27% last month, two-wheeler sales fell 25% to 15,41,621 units. Their cumulative sales compared to October 2020 were down by 596,534 units. 3W sales up 19%.

The chips are really down for India Auto Inc. Despite the festive season underway and Diwali in mid-October, last month’s wholesales proved to be huge dampener for passenger vehicle and two-wheelermanufacturers. Both segments were down by 25% when sales are compared to year-ago figures (see detailed sales data sheet below). Industry body SIAM did not release the sales data for commercial vehicles sales for October 2021.

Passenger vehicles: 226,353 units / - 27%
A decline in PV sales was to be expected. October was a month which saw petrol and diesel prices soar to record highs – diesel had ...

This is an Autocar Pro Plus article. Subscribe to continue reading.