Auto sales skid in May

Auto sales skid in May

Major automobile manufacturers on Tuesday reported decline in domestic passenger vehicle sales in May compared to the previous month. File photo

New Delhi, June 1

Major automobile manufacturers on Tuesday reported decline in domestic passenger vehicle sales in May compared to the previous month as a spike in Covid cases and lockdowns across various states hit production and dispatches.

The country’s largest carmaker Maruti Suzuki India reported domestic dispatches to dealers at 35,293 units last month, down 75% from 1,42,454 units in April.

Rival Hyundai posted domestic sales of 25,001 units last month as against 49,002 units in April, a drop of 49%.

Tata Motors reported 40% decline in sales. Similarly, M&M’s domestic passenger vehicle sales stood at 8,004 units last month, down 56% from 18,285 units in April 2021. — PTI

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