Passenger vehicle wholesales drop 41% in Sept as chip shortage impacts production
3 years, 2 months ago

Passenger vehicle wholesales drop 41% in Sept as chip shortage impacts production

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As per the latest data by Society of Indian Automobile Manufacturers, two-wheeler dispatches to dealers also witnessed a dip of 17 percent at 15,28,472 units, compared to 18,49,546 in September 2020. Passenger vehicle wholesales in India witnessed a decline of 41 percent year-on-year in September as automobile manufacturers struggled to produce adequate units owing to semiconductor shortage, auto industry body SIAM said on Thursday. Last month, the total production of passenger vehicles, three-wheelers, two-wheelers and quadricycles stood at 2,125,304 units, a drop of 19 per cent as compared to September 2020. In the July-September quarter, passenger vehicle wholesales, however, witnessed a marginal increase of 2 per cent to 7,41,300 units as compared with 7,26,232 units in the same period of last fiscal.

History of this topic

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