Passenger vehicle wholesales in India decline by 66% in May: SIAM

Auto industry body, the Society of Indian Automobile Manufacturers (SIAM) in its latest report has showed that passenger vehicle wholesales in India declined by 66 per cent to 88,045 units in May as compared to 2,61,633 units in April this year as lockdowns across various states impacted dispatches to dealers.

As per the report, two-wheeler dispatches to dealers dropped by 65 per cent to 3,52,717 units, compared to 9,95,097 units in April, while motorcycle sales declined 56 per cent last month to 2,95,257 units, as against 6,67,841 units in April.

The report further noted that scooter sales were down 83 per cent to 50,294 units, from 3,00,462 units in April this year, while three-wheeler sales declined by 91 per cent to 1,251 units, as compared to 13,728 units in April.