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Auto sales in India saw a positive trend in June as per the SIAM data

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New Delhi: The 2-wheeler gross sales in India in June registered a development of 21.3 per cent year-on-year (Y-o-Y), highlights the gross sales information launched by the Society of Indian Vehicle Producers (SIAM) on Friday.

The information highlighted that in June the entire gross sales of the 2 wheelers have been recorded at 16,14,154 models which is a 21.3 per cent improve from 13,30,826 two wheeler bought in June 2023.

The gross sales of the scooters additionally surged to a report 42 per cent Y-o-Y in June to five.4 lakhs, final 12 months in June it was at 3.8 lakhs.

The gross sales of Bikes additionally registered two-fold development with gross sales elevated by 11 per cent in June to 10.3 lakhs as in comparison with 9.1 lakh final 12 months throughout the identical interval.

The passenger automobile gross sales additionally registered a development of three per cent Y-o-Y in June. The overall passenger automobile gross sales throughout June stands at 3,37,757 models, it was 3,27,788 models throughout June 2023.

The gross sales of three-wheelers surged twofold by a rise of 12.3 per cent, based on the info whole 59, 544 models of three wheelers have been bought in June 2024 as in opposition to 53, 025 models bought in June 2023.

The gross sales information for June demonstrates a constructive outlook for the Indian vehicle trade. The substantial development in two-wheeler gross sales, notably scooters and bikes, together with the regular improve in passenger and three-wheeler gross sales, displays a resilient and increasing vehicle market in India.

Earlier in Could, the gross sales of passenger vehicles dropped by over 11 per cent, based on the info by the Society of Indian Vehicle Producers (SIAM). The home gross sales of passenger vehicles additionally slipped 11 per cent from 1,20,364 models in Could 2023 to 1,06,952 models in Could 2024.

The auto corporations additionally decreased the manufacturing of passenger vehicles by 13 per cent, from 1,63,619 models in Could 2023 to 1,42,367 models 2024. Export of passenger vehicles too noticed a drop of about 20 per cent from 35,806 models in Could 2023 to twenty-eight,802 models in Could 2024.

Nonetheless, the gross sales variety of June confirmed the constructive indicators of development within the vehicle trade.

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