Auto firms post record production in June, make up for halt in May

With unlocking and a normal monsoon, industry expects sales momentum to continue, commodity price a worry

Low stocks with dealers due to the production halt in May forced auto companies to raise output in June, leading to multi-fold growth in wholesale dispatches for the month. Auto sales are a key barometer of the economy.

Industry executives said that they expect the momentum to continue, as most of the country is likely to witness a normal monsoon leading to growth in disposable income aided by an urge to shift to personal mobility from public transport.

The country's largest carmaker Maruti Suzuki reported an over three-fold increase in total sales at 147,368 units in June, from 46,555 units