April 2020 to Go Down In India’s History as the Month of Zero Car and Two-Wheeler Sales

Picture for representation. (Getty Images)

Picture for illustration. (Getty Images)

The gross sales numbers for the month of April have began coming in and so they present a reasonably historic occasion.

  • Information18.com
  • Last Updated: May 1, 2020, 4:31 PM IST
  • Edited by: Manav Sinha

As we begin off with a brand new month, that is often the time after we could be monitoring the gross sales numbers achieved by completely different automakers throughout India. We could be taking these numbers and understanding the division of it, like what number of of those had been exports and the way has a specific firm carried out in opposition to itself as in comparison with the month that had passed by earlier than this, and as in comparison with the identical month final yr. Then we’d additionally attempt to perceive whether or not there was an impression of their newly launched launches and even evaluate the gross sales numbers achieved by merchandise belonging in the identical class that compete in opposition to one another and see how their efficiency has been.

This month was going to be additional particular as from April 1, 2020, BS-VI emission norms turned obligatory throughout India. This was meant to kick begin the gross sales for the automotive business in the direction of optimistic development because it was predicted that lots of people had been ready to get their palms on the BS-VI emission-norm compliant mannequin and had been therefore, holding again their buy until April 1, 2020.

This, nevertheless, was not meant to be. From the 22 March 2020, the complete nation was put below lockdown which meant folks had been now not commuting to anyplace as, nicely, all over the place was closed so as to include the unfold of COVID-19 pandemic. This additionally meant that automobile dealerships, be it of two-wheelers, four-wheelers, business or passenger, had been shut down. Same for the manufacturing vegetation in addition to the workers had been now not coming to the manufacturing amenities.

For the complete month of April 2020, India’s automotive sector closed.

And consequently, April 2020 will go down within the historical past of the Indian automotive sector because the month when the business stood nonetheless, and nil automobiles had been bought.

Now, as we begin off with the brand new month, many of the automakers should not even popping out with the report of their month-to-month gross sales as they deem it to be higher to not launch something in any respect as a substitute of claiming they didn’t promote something. Zac Hollis, Director, Skoda Auto India, even took to Twitter saying that for the primary time in 30 years being within the motor business, he will probably be formally saying that the gross sales have been zero for a month.

 

There are a few exceptions, nevertheless, as Maruti Suzuki – India’s largest carmaker – did difficulty an announcement saying that the gross sales for the month stood at zero. However, following the resumption of port operations, they did handle to export a cargo of 632 models which was undertaken from the Mundra port. MG Motor India too issued an announcement citing zero retail gross sales throughout India however went on to say that, “(MG) hopes that the production will ramp-up in the month of May and is (currently) working on the local supply-chain support.”

To offer you an concept of how the business was once simply a few months again, we will check out the numbers that had been racked up in February. The passenger automobile gross sales had registered a Year-on-Year decline (YoY) decline of 1.17 per cent, promoting a complete of two,26,271 models, as per the Federation of Automobile Dealers Associations (FADA). Two-wheeler retail gross sales stood at 12,85,398 models, registering a YoY development of 1.52 per cent and Commercial automobile retail gross sales had grown by 13 per cent clocking 92,805 unit gross sales. FADA had mentioned that three-wheeler gross sales had been up 20.7 per cent at 65,752 models, Tractor retail gross sales stood at 41,485 models, a development of 13.52 per cent.

Retail gross sales of complete automobiles throughout classes stood at 17,11,711 models in February 2020. And even when we take these numbers for example, then which means there have been 17 lakh automobiles that weren’t bought in April 2020. And maybe, that’s the correct method at trying on the present situation. Yes, zero gross sales are dangerous, however for the businesses, its lakhs and 1000’s of models that they might not promote throughout final month.

(With PTI inputs)

Also Watch:



Source link

  •  
  •  
  •  
  •  
  •  
  •  
  •  

Don't forget to connect with REVIEWTECHAUTO on Facebook, Telegram, YouTube, and Instagram.