After the novel Coronavirus found its way into the world’s second-most populous country, India – the government declared a nationwide lockdown which started on the 25th of March and will end on the 17th of May 2020. Unfortunately, the lockdown hasn’t been healthy for the country’s economy as new reports claim that the total record of “domestic” car sales in India for last month (April) was zero. Shocking, isn’t it?
Reports claim that India recorded zero (0) domestic car sales in April 2020 due to COVID-19 lockdown
Not too long ago, we published an article that extensively discussed how the Coronavirus is affecting automobile companies all over the world; it is now obvious that automakers in countries like India are taking really bad economic hits resulting from the pandemic.
Taking a look at past records from SIAM (Society of Indian Automobile Manufacturers), automakers in India sold a total of 2,773,575 passenger cars between the financial year 2019 and 2020 alone. The numbers from previous financial years were even greater because a total of 3,377,389 car sales was recorded between 2018 and 2019 while a total of 3,288,581 sales was recorded between 2017 and 2018 financial year. This makes it depressing to imagine how severe the drop in figures might be for the coming 2020-2021 financial year following the recent stretch of no-car-sales caused by the COVID-19 pandemic.
Below is a highlight of the previous domestic vehicle sales figures recorded by two auto giants in India for the month of April last year (2019);
- Mahindra & Mahindra – 41,603 (light passenger vehicles)
- Maruti Suzuki India Ltd – 134,068
Looking at these past records, it’s quite shocking to know that these figures dropped from thousands to zero just last month alone, while car dealerships and automobile production facilities will still remain shut down till May 17.
These types of reports make us strongly believe that it's high time automakers begin to consider online car sales and Virtual showrooms as a good solution for future car shopping. There is definitely more to explore with these technologies especially in a time of global pandemic like we have now.
Check out a video of the Tesla virtual showroom below;
Tesla Showroom In Virtual Reality