April sales data reflects growth for the auto industry

May 12, 2023
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New Delhi, May 12, 2023: The auto sales data for April 2023 clearly reflects that the auto industry has performed well with a total production of 19,57,599 units of Passenger Vehicles, Three Wheelers, Two Wheelers, and Quadricycle. Domestic sales also showed growth in all segments, with Passenger Vehicles sales at 3,31,278 units, Three-wheeler sales at 42,885 units, and Two-wheeler sales at 13,38,588 units. The sales of Passenger Vehicles in April 2023 have been the highest ever in April, with a growth of 12.9% compared to April 2022. Similarly, Two-Wheelers also posted a growth of 15.1% in April 2023 compared to last year. Domestic sales of Three-Wheelers in April 2023 have reached closer to the pre-covid levels for the month of April.

Mr. Vinod Aggarwal, President of SIAM

Mr. Vinod Aggarwal, President of SIAM, expressed his satisfaction with the smooth transition of the industry to BS 6 Phase 2 Emission Norms from 1st April 2023, which has contributed to the growth in all segments. He also noted that good rainfall can further help sustain the growth of the auto industry as it gets into the monsoon season.

Meanwhile, Mr. Rajesh Menon, Director General of SIAM, praised the performance of the industry in April 2023 and highlighted the record-breaking sales in the Passenger Vehicles segment and the recovery of Three-Wheelers sales to pre-covid levels for the month of April. The growth in Two-Wheelers sales also shows a positive trend in the industry.

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