Passenger vehicle dispatches by the manufacturers to the dealers stood at over 2.76 lakh units last month as against about 2.48 lakh units in January 2019
The wholesale of passenger vehicles grew 11.14% in the country during January even as supply chain challenges continue to affect the functioning of the industry, Society of Indian Automobile Manufacturers (SIAM) said on Thursday.
As per the data shared by the industry body, passenger vehicle dispatches by the manufacturers to the dealers stood at over 2.76 lakh units last month as against about 2.48 lakh units in January 2019. While car sales fell 1.16% to about 1.53 lakh units, sale of utility vehicles went up 37.26% to over 1.11 lakh units.
Two-wheeler sales grew 6.63% to nearly 14.30 lakh units, driven by 9% growth in scooter sales to about 4.54 lakh units, 5% increase in motorcycle sales to over 9.16 lakh units. Sales of electric two-wheelers grew from 27 units in January 2020, to 241 units in January 2021.
Rajesh Menon,…