Auto Industry Sales Performance of July 2022 : SIAM Report

0
758

Monthly Performance: July 2022

Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers and Quadricycle in the month of July 2022 was 2,197,954 units.

Domestic Sales:

  • Passenger Vehicles* sales were 293,865 units in July 2022.
  • Three-wheeler sales were 31,324 units in July 2022.
  • Two-wheeler sales were 1,381,303 units in July 2022.

Performance: April – July 2022

Production: Total production of Passenger Vehicles**, Three Wheelers, Two Wheelers and Quadricycle in April-July 2022 was 8,267,268 units.

Domestic Sales:

  • Passenger Vehicles** sales were 1,204,296 units in April-July 2022
  • Three-wheeler sales were 107,617 units in April-July 2022
  • Two-wheeler sales were 5,105,836 units in April-July 2022

Commenting on the July 2022 sales data, Mr Rajesh Menon, Director General, SIAM said “In July 2022, sales in the Passenger vehicle segment stood at ~2.9 lakh units, in Two-wheeler segment ~13.8 lakh units and in Three-wheeler segment ~31 thousand units. Market for entry level Passenger Cars, Two-Wheelers and Three-Wheelers are yet to recover. Sales of Two-Wheelers in July 2022 are still below July 2016 numbers and Sales of Three-Wheelers are still below July 2006 numbers. Third hike in a repo-rates in a row, to rein in high inflation, will make Auto loans costlier, making it more difficult for entry level vehicles to recover. SIAM would also like to whole-heartedly thank the Government of India for the recent decision to allocate higher amount of domestic gas for the CNG segment. This would significantly bring down the input cost of gas companies. We hope, that in line with the Government’s intent, the gas companies would pass on the entire benefit to the end consumers by reducing retail CNG prices.”

Domestic Sales: July

CategoryDomestic Sales (In Nos.)
July-21July-22
Passenger Vehicles (PVs)*
Passenger Cars130,080143,522
Utility Vehicles (UVs)124,057137,104
Vans10,30513,239
Total Passenger Vehicles (PVs)264,442293,865
Three Wheelers
Passenger Carrier10,91122,427
Goods Carrier6,8326,663
E-Rickshaw3661,814
E-Cart23420
Total Three Wheelers18,13231,324
Two Wheelers
Scooter/ Scooterettee373,695479,159
Motorcycle/Step-Throughs837,166870,028
Mopeds49,27932,116
Total Two Wheelers1,260,1401,381,303
Quadricycle253
Grand Total1,542,7161,706,545

* BMW, Mercedes, Tata Motors & Volvo Auto data is not available.

Domestic Sales: April-July


Category
Domestic Sales (In Nos)
April-July-21April-July-22
Passenger Vehicles (PVs)**
Passenger Cars467,271554,963
Utility Vehicles (UVs)410,149601,662
Vans33,29447,671
Total Passenger Vehicles (PVs)910,7141,204,296
Three Wheelers
Passenger Carrier26,07373,090
Goods Carrier15,49328,013
E-Rickshaw1,0095,381
E-Cart791,133
Total Three Wheelers42,654107,617
Two Wheelers
Scooter/ Scooterettee977,9861,687,062
Motorcycle/Step-Throughs2,577,4743,275,256
Mopeds118,288143,518
Total Two Wheelers3,673,7485,105,836
Quadricycle2154
Grand Total4,627,1186,417,903

** BMW, Mercedes & Volvo Auto data is not available, Tata Motors data is only available for Apr-Jun