Passenger vehicle wholesales surge 92% in Sep on robust festive demand

Passenger vehicle wholesale in India has increased 92%, roughly translating to about 3,07,389 units in the last month and is compared to the same month from last year.

The data was collated by the auto industry body Society of Indian Automobile Manufacturers and was published on Thursday. Passenger vehicle (PV) dispatches from factories to dealerships stood at 1,60,212 units in September 2021. The high demand can be linked to the festive season.

As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler sales also rose 13% to 17,35,199 units, as compared to 15,37,604 vehicles in September 2021. Motorcycle sales rose 18% to 11,14,667 units, as against 9,48,161 units in September 2021.

Similarly, scooter sales were up 9% to 5,72,919 units, from 5,27,779 vehicles a year ago.

During the September quarter, PV sales increased by 38% to 10,26,309 units, as against 7,41,442 units in the similar period of the last fiscal. Similarly, total two-wheeler sales rose 13% to 46,73,931 units, as compared with 41,36,484 units in the September quarter of the last fiscal.

Total commercial vehicles sales rose by 39% to 2,31,880 units, as against 1,66,251 units in the year-ago period.

Total sales across categories rose to 60,52,628 units, as against 51,15,112 units in the September quarter of last year.

(With inputs from PTI)

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