Monthly Performance: June 2022
Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers, and Quadricycle in June 2022 was 2,081,148 units
Domestic Sales:
· Passenger Vehicles* sales were 275,788 units in June 2022.
· Three-wheeler sales were 26,701 units in June 2022.
· Two-wheeler sales were 1,308,764 units in June 2022.
Performance: April-June 2022
Production: The total production of Passenger Vehicles**, Commercial Vehicles#, Three Wheelers, Two Wheelers, and Quadricycle in April-June 2022 was 6,326,483 units
Domestic Sales:
· Passenger Vehicles** sales were 910,431 units in April-June 2022.
· Commercial Vehicles# sales were 224,512 units in April-June 2022.
· Three-wheeler sales were 76,293 units in April-June 2022.
· Two-wheeler sales were 3,724,533 units in April-June 2022.
* BMW, Mercedes, Tata Motors & Volvo Auto data are not available
** BMW, Mercedes & Volvo Auto data are not available
#Daimler, JBM Auto & Scania data are not available
Commenting on Q1 performance, Mr Rajesh Menon, Director General, SIAM said, “In Quarter-1 this year, sales in the Passenger vehicle segment stood at ~ 9.1 lakh units, in Two-wheeler segment ~ 37.25 lakh units, in Three-wheeler segment ~ 76 thousand units and in Commercial vehicle segment ~ 2.25 lakh units. Recently the government has taken significant measures to ease the inflationary pressure and help the common man by reducing central excise duty on petrol & diesel and changing the duty structure to moderate prices of steel & plastic. Indian Automobile Industry appreciates and thanks the government for these efforts. Industry also keenly looks forward to similar support on CNG prices which has seen exponential increase in the last 7 months. Support on CNG prices would help the common man, facilitate public transport and will enable a cleaner environment.”
Rajesh Menon, Director General, SIAM
rajesh.menon@siam.in