Domestic auto sales in India go below 2015 levels amid Covid-19 crisis

CARS AND TWO-WHEELERS did not find many takers in the year affected by the pandemic, an outcome which was quite evident when lockdowns, local­ised restrictions, and job/income losses took away the appetite to buy new vehi­cles for personal mobility. Consequently, domestic sales of automobiles in India in 2020-21 went below the 2015 levels. Although this might sound worri­s­ome, the situation was not very differ­ent globally. Globally, car sales in 2020 were the lowest since 2013-14, shows chart 1. Though this isn’t a like-for-like comp­a­r­i­­.....

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