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Auto sales jump in June; PVs grow 119% Y-o-Y

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On a sequential basis, the wholesale volumes in June 2021 grew 2.6 times for passenger vehicles. The growth was recorded at 163% on monthly basis.

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 Two-wheeler sales have increased by 200% on month-on-month basis in June 2021. 

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A comparison with June 2020 shows healthy growth across all segments, except three-wheelers. 

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When compared with Q1-FY19, only tractors performed well, which shows that tractors demand has remained unaffected in the pandemic. 

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 Commercial vehicles saw a growth of 50% on monthly basis and recorded a growth of 85% in wholesale volume on yearly basis in June 2021.