Automobile dispatches from the factory to dealerships in India dropped by 23.4% in February year-on-year due to semiconductor shortage and price rise, data released by the Society of Indian Automobile Manufacturers (SIAM) showed on Friday, according to media reports. Total automobile wholesale in India stood at 13,28,027 units in February 2022 as against 17,35,909 units recorded in February 2021. Passenger vehicles sales stood at 262,984 units in February 2022 as against 281,380 units in February 2021, a decline of 6.53% year-on-year. Three-wheeler sales were 27,039 units in February 2022 as against 27,039 units in February 2021, a decline of 2.2%. Two-wheeler sales tanked by 27.25% to 1,037,994 units in February 2022.
Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.