Passenger vehicle sales rise by 19 pc in June as chip supply improves

Passenger vehicle wholesales in India rose by 19% annually in June owing to improvement in semiconductor supplies, stated the Society of Indian Automobile Manufacturers (SIAM) on Wednesday.

According to the latest data released by SIAM, passenger vehicle (PV) dispatches to dealers stood at 2,75,788 units last month against 2,31,633 units in the same period of preceding year.

Similarly, total two-wheeler wholesales increased to 13,08,764 units last month compared to 10,60,565 units in the year-ago period.


Total three-wheeler sales grew to 26,701 units last month against 9,404 units in June 2021.

Sales across segments rose to 16,11,300 units in June from 13,01,602 units in the same month last year.

(With inputs from PTI)