For January 2022, the automakers have announced their sales data.
Maruti Suzuki sold 1,32,461 vehicles in January, down 7% year on year.
Automakers reported better wholesale despatches in January 2022 due to improved semiconductor supplies and healthy booking volumes.
Though sales are still down from last year, the decline is not as sharp as it was in the previous four months.
Maruti Suzuki, India’s largest passenger vehicle manufacturer, sold 1,32,461 vehicles in January, a 7 percent decrease year over year.
This represents a substantial improvement over the 14% drop in wholesale figures reported for December 2021, when 1,26,031 units were sold.
Auto sales have improved month over month as well, with a 5.1 percent increase in January compared to December.
However, the corporation continues to sell fewer than 1.5 lakh devices every month, as it has in the past.
Maruti Suzuki said on Tuesday that it has taken all feasible precautions to mitigate the impact of an electronics component shortage, but that it had only a modest impact on car production for the domestic market.
Hyundai Motor India’s domestic sales fell by more than 15% year on year to 22,832 vehicles.
This was also an improvement over December’s figures, which showed a 32% drop.
Hyundai, on the other hand, only sold approximately a third of the 32,312 units it sold in December, which it blamed on a continuing semiconductor scarcity.
However, Tata Motors’ overall domestic wholesale volumes increased by 26% year on year to 72,485 units in January, and by 9% month on month.
Passenger vehicle sales increased by 51% year over year to 40,777 units.
Ashok Leyland and Tata Motors, both commercial vehicle makers, saw an increase in volume thanks to robust demand for intermediate commercial vehicles and tippers.
While Tata Motors recorded a 7% year-on-year increase in commercial vehicle wholesales to 35,268 units, Ashok Leyland reported a 3% year-on-year increase in sales volumes to 12,709 units.
Analysts believe Ashok Leyland will benefit from the launch of CNG variants in the future.
Due to dampened client emotions and a large base effect, two-wheeler manufacturers continued to report dismal sales.
Due to concerns about the third wave of Covid, demand was further hampered by the delay in reopening offices and educational institutions.
Furthermore, the chip shortage has hampered luxury motorbike dispatches.
In January 2022, Bajaj Auto reported a 12% drop in wholesale sales compared to the previous year, with 1,49,656 units sold.
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