Amidst the 2nd wave of the novel coronavirus, the auto industry is seeing a hit in sales amongst other market commodities.
Leader of the Indian car market, Maruti Suzuki, reported a total sale of 159,691 vehicles in April 2021, which is down by about 4.4% in comparison to the previous month but the figures do show a recovery from last year when the country was locked down to help battle the pandemic.
Hyundai Motor India too registered a loss of 6.6% in the sales of cars. As reported the Korean manufacturer dispatched a total of 49,002 units which is lower in comparison to the previous month’s 52,600 units.
Hyundai’s sibling Kia motors too reported a dip in sales by roughly 11.2%. Tata Motors too registered a loss of 15.4% in the number of units sold.
Mahindra & Mahindra on the other hand recorded a growth in sales by 9.5% along with Honda who managed to register a growth of 27.7%.
Despite registering loss in sale volumes, Maruti Suzuki said on 28th April 2021 that stop the production of cars in its Haryana plant in order to fulfil the sudden surge of medical oxygen demand that the country is witnessing.
“In the current situation, we believe that all available oxygen should be used to save lives. Accordingly, Maruti Suzuki has decided to advance its maintenance shutdown, originally scheduled for June 2021 to May 1 to 9. Production in all factories will close for maintenance during this period. The company has been informed that Suzuki Motor Gujarat has taken the same decision for its factory.”, Maruti Suzuki said in a statement released for the press.
Similarly, Hyundai Motor India Foundation, the magnanimous arm of Hyundai Motor India announced a relief package of Rs. 20 crore for the deployment of oxygen generation plants in hospitals across Maharashtra, Delhi, Haryana, Telangana and Tamil Nadu. The Foundation also said that it’ll help set up infrastructure and facilities with other state governments and also provide immediate relief staff to help battle the situation in the worst-hit states.
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