August 2023 Witnesses Highest PV & 3Ws Sales: SIAM
The total production of Passenger Vehicles, Three Wheelers, Two Wheelers, and Quadricycle in August 2023 was 23,85,901 units
Domestic Sales:
♦ Passenger Vehicles sales were 3,59,228 units in August 2023.
♦ Three-wheeler sales were 64,763 units in August 2023
♦ Two-wheeler sales were 15,66,594 units in August 2023.
Commenting on sales data of August 2023, Vinod Aggarwal, President of SIAM said, “Last month saw the highest ever August month sales for Passenger Vehicles and Three-Wheelers, while Two-Wheeler sales remained at levels similar to a year ago. We have also observed good growth in Commercial Vehicle segment in August 2023. Based on the performance of last month, we are even more optimistic for demand to pick-up during the festive season, enabled by positive economic outlook and the revival of monsoon after a deficit in August.”
Commenting on August 2023 performance, Rajesh Menon, Director General of SIAM said, “3.59 lakh units of Passenger Vehicles were sold in the month of August, with a growth of 9.40 per cent compared to August 2022. Three-Wheelers also reported a significant growth of 68.79 per cent, posting sales of about 0.65 lakh units in August 2023. 15.67 Lakh Two-Wheelers were sold last month in the country, with a growth of 0.59 per cent compared to August 2022.”
Domestic Sales: Monthly
BMW, Mercedes, JLR & Volvo Auto data are not included in this. Tata Motors Domestic Sales data is included only in ‘Total PV’, detailed break-up is not available. However, without Tata Motors, ‘Total PV’ would be 2,81,210 for August 2022 and 3,13,715 for August 2023.
