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.
For the latest auto news and reviews, follow CarandBike on Twitter, Facebook, and subscribe to our YouTube channel.
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
In the event you’ve decided to buy a used vehicle, usually this implies certainly one of two issues: a) either you have determined to go to a licensed pre-owned dealership OR b) you have determined to purchase your vehicle from a private celebration. This is probably not trigger for excellent concern: it’s completely normal for an engine to burn by way of a small quantity of oil between providers. Try all of the NASCAR coloring pages, Disney Pixar Cars sheets, worldwide and basic racing printables and naturally good outdated scorching rod and inventory automotive coloring books.
Battery and electric motor know-how in hybrid and electric vehicles. The automotive dealer will even see that you know what you need in a vehicle, making it harder for them to up-sell you. Upgrades to the WRX STI Kind RA cut back weight and add each energy and responsiveness for an much more thrilling driver experience.
It has numbers you should experiment with to watch how changes in financing, fuel costs and driving habits have an effect on the ultimate costs of ownership for the vehicles. Its powerful engine and GT styling are simply a few of the automotive’s attributes which makes it fashionable among car enthusiasts.
Maybe one of the very important roles dealerships play is in determining the precise promoting value of a vehicle. If the symbol is illuminated in red, this is cause for concern, because the vehicle is now past due for service, and if an oil service is one of the essential maintenance gadgets it may possibly trigger injury to the engine.
In the event you’ve checked into the worth of an electric automotive, you know they are not “low finish”. Advantages: traded-in vehicles may have useful extras and sometimes even after-market modifications (for these think about this an advantage). With Amazon Vehicles, you’ll be able to view specifications, photos, videos, and buyer reviews for 1000’s of new and traditional automotive models.
Total technical harmonization already has been achieved in three vehicle categories (passenger vehicles, bikes, and tractors) and soon will prolong to other vehicle classes ( coaches and utility vehicles ). It’s important that European automobile manufacturers be ensured entry to as large a market as potential.…