SIAM releases Auto Industry sales performance for May 2023

June 13, 2023
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New Delhi, June 13, 2023: Society of Indian Automobile Manufacturers (SIAM) released the Auto Industry Sales Performance data for the month of May 2023 today.

Production: The total production of Passenger Vehicles, Three Wheelers, Two Wheelers, and Quadricycle in May 2023 was 21,24,235 units

Domestic Sales:

• Passenger Vehicles sales were 3,34,247 units in May 2023.

• Three-wheeler sales were 48,732 units in May 2023

• Two-wheeler sales were 14,71,550 units in May 2023.

 Commenting on sales data of May 2023, Mr Vinod Aggarwal, President, SIAM said, “All the segments viz. Passenger Vehicles, Two-Wheelers and Three-Wheelers have posted growth in double digits in May 2023, compared to May 2022. We anticipate this trend to continue supported by the prevalent economic environment. The Indian Automobile Industry is currently in a transition phase with new powertrain technologies offered to consumers ranging from Electrified, Bio-Fuels and Gaseous Fuel driven vehicles which are being enabled through sound policies of the Government.” 

 Commenting on May-2023 performance, Mr Rajesh Menon, Director General, SIAM said, “Sales of Passenger Vehicles of May 2023 has been the highest ever in May, returning a growth of 13.5%, compared to May 2022. Two-Wheelers also posted a growth of 17.4% in May 2023, compared to last year, but are still lower than 2016-17 levels. Domestic sales of Three-Wheelers in May 2023 grew by 70.4% compared to May 2022, although on a low base, but is still lower than the 2018-19 levels.” 

Domestic Sales: Monthly

CategoryDomestic Sales (In Nos.)

Total Passenger Vehicles32,94,3923,34,247

Three Wheelers

Passenger Carrier20,17438,590
Goods Carrier6,9527,531
Total Three Wheelers28,59548,732
Two Wheelers

Scooter/ Scooterettee3,98,0994,46,593
Total Two Wheelers12,53,18714,71,550

BMW, Mercedes, JLR & Volvo Autodata arenot available.TataMotors Domestic Sales data included only in ‘Total PV’, detailed break-up is not available.

However, without Tata Motors, ‘Total PV’ would be 2,51,051 for May 2022 and 2,88,369 for May 2023

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