Total Vehicle Sales Stand At 1,706,545 Units In July 2022: SIAM

Monthly Performance: July 2022

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:

1. Passenger Vehicles* sales were 293,865 units in July 2022.

2. Three-wheeler sales were 31,324 units in July 2022.

3. Two-wheeler sales were 1,381,303 units in July 2022.

Performance: April - July 2022

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

Domestic Sales:

1. Passenger Vehicles** sales were 1,204,296 units in April-July 2022

2. Three-wheeler sales were 107,617 units in April-July 2022

3. Two-wheeler sales were 5,105,836 units in April-July 2022

Commenting on the July 2022 sales data, Rajesh Menon, Director General, SIAM said “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.”

Domestic Sales: July

Domestic Sales: April-July