Two-wheeler wholesales fall 65% in May amid COVID-19 disruptions: SIAM
Two-wheeler wholesales fall 65% in May amid COVID-19 disruptions: SIAM
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Society of Indian Automobile Manufacturers release data of analysed vehicles sales in May. The two-wheeler dispatches to dealers have drastically fell down by 65%. The data compared to 9,95,097 units in April says that in May 3,52,717 units recorded.

The overall motorcycle sales were down 56% to 2,95,257 units in May, as against 6,67,841 units in April this year. Accordingly, scooter sales shatter to 83% fall, which was recorded to 50,294 units last month, from 3,00,462 units in April this year. The three-wheeler sales also took a hit by falling 91% to 1,251 units, as compared to 13,728 units in April. SIAM's Director General Rajesh Menon "Most part of May was under lockdown in many states, thus impacting overall sales and production. Many members had shut down their manufacturing plants.” Due to corona curfew imposed across various states of the country, total registrations across categories dropped to 5,35,855 units last month, as compared to 11,85,374 units in April 2021.

Menon said that the Indian automobile industry stands committed to support in battling against the Covid-19 pandemic.

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