Monthly Performance: April 2024
Production: The total production of Passenger Vehicles1, Three Wheelers, Two Wheelers, and Quadricycle in April 2024 was 23,58,041 units
Domestic Sales:
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Passenger Vehicles2 sales were 3,35,629 units in April 2024.
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Three-wheeler sales were 49,116 units in April 2024
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Two-wheeler sales were 17,51,393 units in April 2024.
1 BMW, Mercedes, JLR, Tata Motors & Volvo Auto data are not available.
2 BMW, Mercedes, JLR & Volvo Auto data are not available. Tata Motors Domestic Sales data included only in this document. However, without Tata Motors, ‘Total PV’ would 2,87,746 for April 2024
Commenting on sales data of April 2024, Mr Vinod Aggarwal, President, SIAM said, “Year 2024-25 has started on a reasonably good note for the Auto industry, as all the segments have posted growth in April 2024, compared to April 2023, driven by positive consumer sentiments and festivities in this month. Above normal monsoon rainfall, policy continuity post-elections and Government’s push on manufacturing and infrastructure would propel the overall economic growth which would help in continuing the Auto sector’s growth trajectory.”
Commenting on April 2024 performance, Mr Rajesh Menon, Director General, SIAM said, “Passenger Vehicles continues the highest ever monthly sales trend with 3.36 Lakh units, though with a marginal growth of 1.3%, in the month of April 2024, as compared to April 2023. Continuing with the trends of Q4 of 2023-24, Two-Wheelers reported significant growth of 30.8% in April 2024, compared to April 2023, posting sales of about 17.5 lakh units while the Three-Wheeler segment also reported sales of about 0.49 Lakh units, with a growth of 14.5% in April 2024, compared to April 2023.”
Rajesh Menon, Director General, SIAM
rajesh.menon@siam.in