Passenger vehicle dispatches rise 13% in April: SIAM

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Passenger vehicle dispatches rise 13% in April: SIAM


Market chief Maruti Suzuki India dispatched 1,37,320 items to sellers final month in opposition to 1,21,995 items in April final yr.
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Domestic passenger vehicle dispatches witnessed a 13% year-on-year rise in April as demand remained strong throughout segments, trade physique SIAM stated on Friday.

The complete passenger vehicle dispatches from corporations to sellers rose to three,31,278 items final month in comparison with 2,93,303 items in April 2022.

Market chief Maruti Suzuki India dispatched 1,37,320 items to sellers final month in opposition to 1,21,995 items in April final yr.

Hyundai Motor India, however, offered 49,701 items in April in comparison with 44,001 items in the year-ago interval.

Similarly, two-wheeler dispatches final month elevated by 15% to 13,38,588 items from 11,62,582 items a yr in the past.

Motorcycle wholesales rose to eight,39,274 items final month from 7,35,360 items in April 2022.

Similarly, scooter dispatches rose to 4,64,389 items in April in opposition to 3,88,442 items in the year-ago interval.

The complete three-wheeler gross sales rose to 42,885 items final month from 20,997 items in April 2022.

“All the segments, passenger vehicles, two-wheelers and three-wheelers have posted growth in April 2023, compared to April 2022, which clearly indicates that the industry has been able to transit very smoothly to BSVI Phase 2 emission norms from April 1 2023,” Society of Indian Automobile Manufacturers (SIAM) President Vinod Aggarwal acknowledged.

As the trade progressively will get into the monsoon season, amongst different components, good rainfall may assist the sector maintain its progress, he added.

SIAM Director General Rajesh Menon stated the gross sales of passenger autos final month have been the very best ever in April.

Two-wheelers additionally posted a progress of 15% in April 2023 in comparison with final yr, whereas the home gross sales of three-wheelers have reached nearer to the pre-COVID ranges in April, he added.



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