According to the Society of Indian Automobile Manufacturers (SIAM), domestic passenger vehicle sales in September reached 3.61 lakh units, slightly higher than the 3.55 lakh units sold in the same period last year. Additionally, two-wheeler sales increased to 17.5 lakh units in September 2023, compared to 17.4 lakh units in September 2022.
As per data available with industry body Society of Indian Automobile Manufacturers (SIAM), as many as 182,779 passenger vehicles were sold in the local market in the year-ago period. The sales numbers do not include wholesale volumes of Tata Motors, which has stopped reporting data on a monthly basis to SIAM.
Low base pushes passenger vehicle retail sales up 10.6% in Feb; two-wheelers down 16.08%
Sales had grown for the first time in this fiscal in December only to decline again in January
Sumant Banerji | March 10, 2021 | Updated 23:45 IST
Data collated by Federation of Automobile Dealers Association showed passenger vehicles registered sales of 254,058 units last month, which indicated clear momentum in the revival story
Retail sales in passenger vehicles grew by a robust 10.59 percent in February helped by a low base of last year when the market was getting ready for the transition from BS IV to BS VI emissions regime. Sustained weakness in two-wheelers, which declined by over 16 percent however pushed the overall automobile sales down by 13.43 percent.
Auto sales jump 11% YoY in Dec; growth registered for first time in FY21
Auto sales FY21: The strong growth has seen a reduction of inventory levels across segments, something that will soothe the nerves of dealers
Sumant Banerji | January 11, 2021 | Updated 13:49 IST
Automobile sales growth FY21: The growth was led by passenger vehicles up 23.99 percent, tractors-up 35.5 percent and two wheelers-up 11.88 percent
KEY HIGHLIGHTS
Overall automobile retail sales grew 11 percent in December, first time in a month in this fiscal.
Growth was largely due to festival spill over demand and pre-buying due to announcement of price hike in January 21.
Two wheelers, Passenger Vehicles and Tractor categories grow by 11.8%, 24% and 35.5% (YoY).