New Delhi, Aug 1 (TIWN) Relaxation of localised lockdowns in most parts of the country led to the sequential as well as year-on-year increase in domestic auto sales volumes in June 2021, India Ratings and Research (Ind-Ra) said.

Accordingly, the agency, credited the trend on the reopening of automotive dealerships and the resumption of operations by original equipment manufacturers (OEMs) along with a lower base in previous periods.  "However, the June 2021 volumes remained much below historical peaks (35 per cent below June 2019 levels). The PV segment resumed its outperformance compared to the industry on account of increasing preference for personal mobility by 119 per cent YoY."  Besides, the report pointed out that consumer demand for the 2W segment remained tepid, at up 4 per cent YoY.  "While motorcycle sales increased by 10 per cent YoY, and scooters sales fell by 10 per cent YoY. 2Ws has been more impacted by the increased cost of ownership amid price hikes by OEMs coupled with historically high fuel prices in India and workplace and colleges remaining closed."