Passenger vehicle sales decline 41% in Sept amid chip shortage

New Delhi, October 14

Passenger vehicle wholesales in India witnessed a 41% year-on- year decline in September as semiconductor shortage hit production leading to a drop in supplies from manufacturers to dealers, auto industry body SIAM said on Thursday.

Last month, passenger vehicle (PV) sales stood at 1,60,070 units as compared with 2,72,027 units in the year-ago period.

As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to dealers also witnessed a dip of 17% to 15,28,472 units, compared with 18,49,546 in September 2020. — PTI

Numbers at glance

Passenger vehicle sales stood at 1,60,070 units as compared to 2,72,027 units in the year-ago period