Top 10 Motorcycles & Scooters Sold In April 21
The overall two-wheeler segment fell by -33.52% in April 2021 on a month-on-month basis to 995,097 units, compared to 1,496,806 in March 2021.
How Did Passenger Vehicle Manufacturers Fare In April 2021?
Passenger cars contributed bulk of the numbers with 53.97% share, utility vehicles accounted for 41.61% and vans filled up the remaining 4.42%. We have more details.
Production, Domestic Sales Dropped MoM, But Exports Increased in April 2021
Even as the second wave of the COVID-19 pandemic led to a steady fall in production and sales in the domestic market in April 2021, exports across segments increased, when looked at a month-on-month (MoM) basis.
Top 10 PV Makers In FY21 By Retail Market Share
Despite the drop in volumes last fiscal, most of the top passenger vehicle manufacturers were able to retain or grow their share in the market, as per data released by FADA.
ICVs Saw Short-lived Sequential Growth In FY20
The Indian commercial vehicle (CV) segment declined 17% in FY 21, as it bore the brunt of the industry-wide impact of the COVID-19 pandemic and the economic slowdown. This came after an unfavourable FY20, when volumes came down by 45% with the revised axle norms in FY19.
Regional Lockdowns Further Aggravate Pain Of Two Wheeler Manufacturers In April’21
As per the latest numbers released by the top six two-wheeler manufacturers, the Indian two-wheeler market is estimated to decline by 33.95% at 953,338 units in the month of April’21 when compared to 1,443,300 units of March’21.
COVID-19 Second Wave Pauses PV Recovery in April 2021
The Indian passenger vehicle segment, which was embarking on a quick recovery route in the last six months, has been hit by the second wave of the COVID-19 pandemic.
American SUV Owners And Shoppers Ready To Embrace EVs: VW
Volkswagen of America has announced that Electric Vehicles (EVs) momentum and consideration are growing sharply with American SUV owners and shoppers. The survey conducted by the company found that the SUV owners and shoppers appreciate their environmental benefit of no direct emissions, despite the fact that many of them have no experience of driving an electric vehicle.
India Records Best Ever Sales For Tractors In Pandemic Year
When the whole auto industry was reeling under the pressure of COVID-19 impact, the tractor segment was the only one that kept its wheels rolling. It recorded the highest ever sales at 899,407 units in the year of pandemic. In FY21, about 26.85% more tractors were sold than FY20, according to the industry data sourced by Mobility Outlook.
FY21 Sales Analysis: Factors Responsible For Indian Auto Industry's Current Health
At a time when all other industries were grappling under the COVID-19-induced impact, the Indian auto industry showed resilience and agility to bounce back.