Chip shortage led to a 13 per cent drop in passenger vehicle supplies in December

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New Delhi, Jan 14 (PTI) Automobile industry body SIAM on Friday said the supply of passenger vehicles from factories to dealers declined by 13 per cent in December last year to a five-year low as production was hit due to semiconductor shortages. Went.

Last month, 2,19,421 units were supplied as compared to 2,52,998 units in December 2020.

The industry body acknowledged that the chip shortage will not go away dramatically in the short term, but expressed hope that things will improve soon.

According to the latest data by the Society of Indian Automobile Manufacturers (SIAM), wholesale two-wheeler sales also declined by 11 per cent to 10,06,062 units in December 2021 from 11,27,917 units in the same period a year ago.

Motorcycle sales in December last year declined by two per cent to 7,26,587 units from 7,44,237 units in the same period a year ago. Scooter sales also declined by 24 per cent to 2,46,080 units from 3,23,757 units a year ago.

Passenger vehicle sales declined 15 per cent to 7,61,124 units in the December quarter of the current fiscal from 8,97,908 units in the year-ago period.

During the same period, two-wheeler sales declined by 25 per cent to 35,98,299 units. It was 47,82,110 units in the same quarter a year ago.

However, there has been a marginal increase in sales of commercial vehicles. In the last December quarter, 1,94,712 vehicles of this category were sold as compared to 1,93,034 in October-December 2020.

In the third quarter, sales of all categories of vehicles declined by 22 per cent. In the last December quarter, 46,36,549 vehicles were sold while in the same quarter of the year 2020, 59,46,283 vehicles were sold.

“The sales figures in the October-December quarter were not as expected for most companies,” SIAM President Kenichi Ayukawa told a news conference via video conference. In fact, the festive season sales were much weaker than the previous years. There was an increase in demand immediately after the second wave (of Covid), but the industry faced challenges in meeting this demand due to supply side issues.

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