New Delhi: December 2020 introduced some cheer to the carmakers as the passenger auto phase posted a double-digit development of thirteen.59{ed0b873b90f1b87a4f3b347f1646a477c6eee9bccb9dcbe5ac9cb67a3d16495a} at two,52,998 units when compared to two,22,728 units in the similar thirty day period very last year, in accordance to the quantities shared by Society of Indian Automobile Brands (SIAM)
It is to be pointed out that there is the very low foundation outcome of very last year as most of the automakers have been producing less and minimizing stock at dealerships to transit to BS-VI norms.
In December, all round two-wheeler profits rose by seven.42{ed0b873b90f1b87a4f3b347f1646a477c6eee9bccb9dcbe5ac9cb67a3d16495a} to eleven,27,917 units when compared to ten,fifty,038 units in the year-ago thirty day period.
| Phase | December Sales | ||
| 2019 | 2020 | {ed0b873b90f1b87a4f3b347f1646a477c6eee9bccb9dcbe5ac9cb67a3d16495a}Change | |
| Passenger Motor vehicles (PVs) | two,22,728 | two,52,998 | thirteen.59. |
| Three Wheelers | fifty three,795 | 22,126 | -fifty eight.87. |
| Two Wheelers | ten,fifty,038 | eleven,27,917 | seven.42. |
| Quadricycle Quadricycle | 33 | ||
| Whole | thirteen,26,594 | 14,03,041 | five.76. |
| Resource: Society of Indian Automobile Brands | |||
SIAM figures showed that the contraction in profits in the course of December was majorly for three-wheelers which noticed a drop of fifty eight.87{ed0b873b90f1b87a4f3b347f1646a477c6eee9bccb9dcbe5ac9cb67a3d16495a} to 22,126 units.
The all round business, excluding commercial cars, registered five.76{ed0b873b90f1b87a4f3b347f1646a477c6eee9bccb9dcbe5ac9cb67a3d16495a} development in wholesale dispatches at 1,403,041 units as when compared to 1,326,504 units in the similar thirty day period very last year, as for each the SIAM facts.
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