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GlobalData blog: Nearly five years post-pandemic: where are we now?

GlobalData blog: Nearly five years post-pandemic: where are we now? America's automotive production and inventory, and ultimately sales, all took a massive hit and have not fully recovered. It begs the question: will things ever get back to where they were before? It has been almost five years since the start of the COVID-19 pandemic and resulting semiconductor shortages that rocked the North American region. The impacts that followed include dis...

News Updated at: 2025/01/15

Indian passenger vehicle retail sales increased by 204.3% in May 2022

e lockdown due to covid thus witnessing. Hence a better comparison will be with May’19 which was a normal pre-covid month. Two-wheeler (2W) sales increased by 197.7% to 1,222,994 units against 410,871 units. Three-wheeler (3W) sales increased by 695.9% to 41,508 units against 5,215 units. Average inventory for passenger vehicles ranges from 15-20 days; for two-wheelers, it ranges from 23-25 days. The 2W segment has seen a slight improvement in ...

News Updated at: 2022/06/06