SIAM is the Apex National Body representing Indian Automobile Industry

Press Releases

  • SIAM Released the Auto Industry Sales Performance data for February 2020 and April-February 2020

    13/03/2020 | New Delhi

    February 2020

    Production: The industry produced a total 1,646,332 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in February 2020, as against 2,034,597 in February 2019 with a degrowth of (-)18.14%.

    Domestic Sales :

    • Passenger Vehicles sales was 251,516 units in February 2020, compared to 272,243 units in February 2019 marking a decrease by (-)7.61%.

    • Commercial Vehicles sales was 58,670 units in February 2020 compared to 87,436 units in February 2019 marking a decrease by (-)32.90%.

    • Three-wheeler sales was 41,300 units in February 2020 compared to 59,875 units in February 2019 marking a decrease by (-)31.02%.

    • Two-wheeler sales was 1,294,791 units in February 2020, compared to 1,614,941 units in February 2019 marking a decrease by (-)19.82%.

    April - February 2020

    Production: The industry produced a total 20,498,128 vehicles including Passenger Vehicles, Commercial Vehicles, Three Wheelers, Two Wheelers and Quadricycle in April-February 2020 as against 24,358,082 in April February 2019 with a decline of (-)13.29%

    Domestic Sales:

    • Passenger Vehicles sales was 2,632,665 units in April-February 2020, compared to 3,085,528 units in April-February 2019, down by (-)14.68%.

    • Commercial Vehicles sales was 704,661 units in April-February 2020 compared to 898,289 units in April-February 2019, down by (-)21.56%.

    • Three-wheeler sales was 608,959 units in April-February 2020 compared to 634,731 units in April-February 2019, down by (-) 4.06%.

    • Two-wheeler sales was 16,550,770 units in April-February 2020, compared to 19,739,254 units in April-February 2019, down by (-)16.15%

    Commenting on the February data, Mr Rajesh Menon, Director General, SIAM stated “Automobile industry continues to face hardship due to steeper decline in Production and Wholesale dispatches in all segments in February 2020.”

    Mr Rajan Wadhera, President, SIAM, stated “The decline in wholesale dispatches is primarily due to economic slowdown and lower production of BSIV vehicles. Some upside on the registration numbers of VAHAN can be attributed to last minute purchase by customers trying to advance purchase of BS-IV vehicles.

    Supply chain disruptions from China is also a concern, which may impact the production plans for companies going forward. The Auto Industry is grateful to the Government for issuing a notification of Force Majeure for Coronavirus and 24x7 clearance of shipments at all customs formations.”

     

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    For more information, please contact:

    Sugato Sen, Deputy Director General, SIAM

    91-11-24647810-12

    ssen@siam.in