Sales Figures Reviews

The Society of Indian Automobile Manufacturers (SIAM) has released the monthly sales numbers for October 2021. Last month the total passenger vehicle sales in the domestic market stood at 2,26,353 units, a year-on-year decline of 27 per cent compared to the 3,10,694 vehicles sold in October 2020.

Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the global chip crunch and rising raw material prices.

Harley-Davidson shows positive North America sales in the third quarter of 2021, some global markets still under pressure.

Indian ride-hailing company Ola, backed by Japan's Softbank Group, has notched up its first-ever operating profit since beginning operations a decade ago. Ola reported standalone operating profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs.89.82 crore ($12 million) for the fiscal year that ended in March 2021, versus a loss of over Rs. 607 crore ($81.55 million).

New models like the Tata Punch and Safari have been quite in the demand. The company has manage to keep up with its supplies, despite the chip shortage issue.

Ashok Leyland's total sales stood at 11,079 vehicles for October 2021, which is a good 11 per cent Year-on-Year (Y-o-Y) growth as compared to the 9,989 units sold in October 2020.

Overall sales of Honda Two-Wheelers declined by 18 per cent in October 2021, with domestic sales falling by 20 per cent. \

Kia India's wholesales stood at 16,331 units last month, reporting a decline of 22 per cent when compared to 21,021 units sold during the same period last year.