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Passenger Vehicle Production Down 38.14 Per Cent In March 2020

Partially owing to the nationwide lockdown called to fight against the Coronavirus pandemic, auto production across categories went down by 33.61 per cent in March 2020.

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India’s auto industry had to scale down operations March 23 onwards

Mayhem broke out last month after the sudden spike in Coronavirus cases in our country to control which the entire nation had to go under a lockdown starting March 24. Production started taking a hit almost a week before the lockdown when we started hearing about automakers scaling down operations and were completely stopped on the day of Janata Curfew on March 22. This took quite a toll on the production numbers for March 2020. While the overall industry witnessed a decline of 33.61 per cent at 14,47,345 units as compared to 21,80,203 units manufactured a year ago, production of passenger vehicles (PVs) slumped by 38.14 per cent 2,07,196 units as compared to 3,34,948 units assembled in the same month last year.

Also Read: Passenger Vehicle Sales Down By 51 Per Cent In March 2020 


(Car manufacturers started scaling down on production process almost a week before lockdown was delcared)

Production of passenger cars went down by 43.84 per cent at 1,22,037 units against 2,17,292 units which were manufactured a year ago. In the same months, the utility vehicle (UV) segment recorded a decline of 19.24 per cent at 78,334 units as compared to 96,997 units. Production of vans too witnessed a heavy drop of 66.96 per cent at 6825 units as compared to 20,659 units. Production of commercial vehicles (CVs) went down by a whopping 82.88 per cent at 18,057 units as compared to 1,05,475 units. Production of two-wheelers too went down by 28.21 per cent at 11,61,826 units against 16,18,406 units while production of three-wheelers went down by 50.39 per cent at 59,813 units as compared to 1,20,578 units. The quadricycle segment too witnessed a decline of 43.09 per cent at 453 units as compared to 796 units.

Also Read: Coronavirus Lockdown: Indian Automobile Sector May Start Operations Soon


Auto sales also remained subdued in March 2020.


With all dealerships remaining closed across the nation during the lockdown, sales have also remained subdued in March. Auto sales overall went down by 44.95 per cent in March 2020 selling 10,50,367 units last month as compared to 19,08,097 units which were sold in the same month a year ago. Sales of passenger vehicles went down by 51 per cent in March 2020 selling 143,861 units as compared to 2,91,861 units a year ago.

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U.S. light vehicle sales in March fall 27% on month as virus outbreak intensifies

FILE PHOTO: Automobiles are shown for sale at a car dealership in Carlsbad, California, U.S. May 2, 2016. REUTERS/Mike Blake/File Photo

(Reuters) – Light vehicle sales in the United States fell nearly 27% in March compared with a month earlier, data released by an automotive research group showed on Wednesday, as the coronavirus outbreak intensified and shuttered dealerships across much of the country.

Last month, 992,392 light vehicles were sold, down from about 1.4 million in February, according to Wards Intelligence.

The seasonally adjusted annualized rate for U.S. cars and light trucks sales was estimated at 11.4 million units, down from 16.8 million units in February, Wards Intelligence said.

Moody’s Investors Service said on Friday that U.S. light vehicle sales would fall at least 15% in 2020 as the ratings agency sharply cut its 2020 outlook for global auto sales, with Western Europe expected to take the biggest hit.

The development comes as the United States is looking at an increasing number of deaths from the coronavirus outbreak, with Reuters’ tally showing more than 4,500 deaths and over 200,000 infections.

President Donald Trump and his top healthcare advisers urged Americans to follow strict social distancing measures ahead of a “tough two weeks” that could see at least 100,000 deaths from the coronavirus.

Reporting by Kanishka Singh in Bengaluru; Editing by Subhranshu Sahu

Our Standards:The Thomson Reuters Trust Principles.

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Protester Hit By Police Vehicle Throughout Stephon Clark March In Sacramento

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