Supply chain problems have hit auto production in India because of the lockdowns announced across major states. Demand is also clearly impacted by the second COVID-19 wave which has dampened the sentiments of consumers, according to the Society of India Automobile Manufacturers (Siam). Dealerships are also mostly closed across the nations due to lockdown restrictions.
Vehicle manufacturing has been curbed while most Original Equipment Manufacturers (OEMs) have dedicated their supply of oxygen for medical uses. Total auto production in April dipped 20pc to 1.87mn units compared to March, according to data released by Siam. Production in April 2020 stood at 15,741 units.
Production
Passenger vehicles production in April slipped 11.15pc to 305,952 units compared to March. Three wheeler production was down 13.76pc to 63,584 vehicles, while two-wheeler production decreased 23pc to 1.50mn units in April from a month ago.
Sales
Total sales in India in April declined 20.18pc to 1.27mn units compared to March. Domestic sales of passenger vehicles was down 10pc to 261,633 units, three-wheeler sales plunged by 57pc to 13,728 units, while two-wheeler sale fell by 33.52 pc to 995,097 units in the same period.