Monthly Performance: April 2022
Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers, and Quadricycle in April 2022 was 1,874,461 units
Domestic Sales:
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Passenger Vehicles* sales were 251,581 units in April 2022.
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Three-wheeler sales were 20,938 units in April 2022.
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Two-wheeler sales were 1,148,696 units in April 2022.
* BMW, Mercedes, Tata Motors & Volvo Auto data are not available
Commenting on April-2022 performance, Mr Rajesh Menon, Director General, SIAM said, “Sales of Passenger Vehicles is still below the April 2017 figures, while Two Wheelers are even below the April 2012 figures. Three-Wheelers are yet to reach normal levels, as sales are still less than 50% of April 2016 figures. Manufacturers are working hard to manage the supplier ecosystem with agility and flexibility, as supply side challenges continues for the industry. Further, manufacturers are also monitoring the likely impact on demand, due to the recent hike in repo-rates, as it would increase the lending rates to the customers.”
Rajesh Menon, Director General, SIAM
rajesh.menon@siam.in