‘While good monsoon and the upcoming festive season are likely to increase demand, SIAM is keeping a close watch on the dynamic supply-side challenges’...

An increase in dispatches clearly shows that semiconductor availability is now getting easier: Vinkesh Gulati...

Total wholesales stood at 251,581 units last month compared with 261,633 units in April 2021...

The industry is yet to see a complete recovery following the disruptions it has been facing since early 2020...

The decline occurred as semiconductor shortage hit production leading to a drop in supplies from manufacturers to dealers...

The company reported domestic sales of 110,080 units compared with 1,16,704 units in the same month last year, down 6 per cent, it added...

In the commercial vehicle segment, medium and heavy commercial vehicles, which were most impacted by the pandemic, is showing signs of recovery...

Data showed that passenger vehicle wholesales declined 2.24 per cent to 27,11,457 units against 27,73,519 units in 2019-20...

According to FADA, which collected vehicle registration data from 1,277 of the 1,482 regional transport offices, passenger vehicle sales stood at 2,17,879 units...

The management expects the process to be completed around May-June this year...