<p>Passenger vehicle wholesales in India declined by 27 per cent year-on-year in October with semiconductor shortage hitting production of automobile manufacturers, auto industry body SIAM said on Friday.</p>.<p>Passenger vehicle sales last month stood at 2,26,353 units, as compared to 3,10,694 units in the year-ago period.</p>.<p>As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to dealers also witnessed a 25 per cent decline at 15,41,621 units, compared to 20,53,814 units in October 2020.</p>.<p>Motorcycle dispatches were also down 26 per cent last month to 10,17,874 units, as against 13,82,749 units in the year-ago period.</p>.<p>Scooter sales fell 21 per cent to 4,67,161 units, from 5,90,507 units in the year-ago month, SIAM said.</p>.<p>Vehicle sales across passenger vehicles, three-wheelers, two-wheelers and quadricycles categories last month, declined by 25 per cent to 17,99,750 units, from 23,91,192 units in October 2020.</p>.<p>"Manufacturers were banking on the festive season to recover from the severe drop in sales they have faced in the early part of the financial year 2021-22. However, shortage of semiconductors and steep hike in raw material cost have been a major spoilsport for the industry," SIAM Director General Rajesh Menon said.</p>.<p>Last month, the total production of passenger vehicles, three-wheelers, two-wheelers and quadricycles stood at 22,14,745 units, down 22 per cent from 28,30,844 units in October 2020.</p>.<p><strong>Check out latest videos from <i data-stringify-type="italic">DH</i>:</strong></p>
<p>Passenger vehicle wholesales in India declined by 27 per cent year-on-year in October with semiconductor shortage hitting production of automobile manufacturers, auto industry body SIAM said on Friday.</p>.<p>Passenger vehicle sales last month stood at 2,26,353 units, as compared to 3,10,694 units in the year-ago period.</p>.<p>As per the latest data by the Society of Indian Automobile Manufacturers (SIAM), two-wheeler dispatches to dealers also witnessed a 25 per cent decline at 15,41,621 units, compared to 20,53,814 units in October 2020.</p>.<p>Motorcycle dispatches were also down 26 per cent last month to 10,17,874 units, as against 13,82,749 units in the year-ago period.</p>.<p>Scooter sales fell 21 per cent to 4,67,161 units, from 5,90,507 units in the year-ago month, SIAM said.</p>.<p>Vehicle sales across passenger vehicles, three-wheelers, two-wheelers and quadricycles categories last month, declined by 25 per cent to 17,99,750 units, from 23,91,192 units in October 2020.</p>.<p>"Manufacturers were banking on the festive season to recover from the severe drop in sales they have faced in the early part of the financial year 2021-22. However, shortage of semiconductors and steep hike in raw material cost have been a major spoilsport for the industry," SIAM Director General Rajesh Menon said.</p>.<p>Last month, the total production of passenger vehicles, three-wheelers, two-wheelers and quadricycles stood at 22,14,745 units, down 22 per cent from 28,30,844 units in October 2020.</p>.<p><strong>Check out latest videos from <i data-stringify-type="italic">DH</i>:</strong></p>