SIAM releases December performance data

January 16, 2024
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New Delhi Jan 16, 2024: Society of Indian Automobile Manufacturers (SIAM) released the Auto Industry Sales Performance data for the month of December 2023.  The total production of Passenger Vehicles, Three Wheelers, Two Wheelers, and Quadricycle in Dec 2023 was 18,96,696 units.

Passenger Vehicles sales were 2,86,390 units in December 2023. Three-wheeler sales were 50,537 units in December 2023. Two-wheeler sales were 12,11,966 units in December 2023. Commenting on sales data of 2023 calendar year, Mr Vinod Aggarwal, President, SIAM said, “Year 2023 has been reasonably satisfactory for the Automobile Sector, as Passenger Vehicles, Commercial Vehicles and Two Wheelers have posted single digit growth, while three-wheelers have made a very good recovery. Various schemes of Government of India that have been operational now, are showing good results, and is also helping the Auto Industry to seamlessly transform to new powertrain realms. Auto Industry is optimistic that the growth momentum would continue in year 2024 as well.” 

  • Commenting on Q3 sales data, Mr Rajesh Menon, Director General, SIAM said, “In Q3 of FY 2023-24, Passenger Vehicles grew by 8.3%, Commercial Vehicles by 3.5%, Three-Wheelers by 35.2% and Two-Wheelers by 22.6% compared to last year. Passenger Vehicle and Three-Wheeler segments posted their highest Q3 Sales ever, while Passenger Vehicles even crossed the 4 million mark for the first time, in a calendar year.” 

Domestic Sales: Monthly

CategoryDomestic Sales (In Nos.)
Segment/SubsegmentDecember
20222023
Total Passenger Vehicles (PVs)22,75,3522,86,390
Three Wheelers  
Passenger Carrier28,47338,995
Goods Carrier7,3149,120
E-Rickshaw2,7832,147
E-Cart123275
Total Three Wheelers38,69350,537
Two Wheelers  
Scooter/ Scooterettee2,95,4984,05,274
Motorcycle/Step-Throughs7,23,5937,68,402
Mopeds25,96138,290
Total Two Wheelers10,45,05212,11,966
Quadricycle2022

2 BMW, Mercedes, JLR & Volvo Auto data are not available, Tata Motors Domestic Sales data for December included only in ‘Total PV’, detailed break-up is not available. However, without Tata Motors, ‘Total PV’ would be 2,35,309 units for December 2022 and 2,42,920 units for December 2023

Domestic Sales: – January - December 2023

CategoryDomestic Sales (In Nos.)
Segment/SubsegmentJanuary-December
20222023
Passenger Vehicles (PVs)3

Passenger Cars17,37,17116,01,873
Utility Vehicles (UVs)19,22,80523,53,605
Vans1,32,4681,46,122
Total Passenger Vehicles (PVs)37,92,44441,01,600
Commercial Vehicles (CVs)4

M&HCVs

Passenger Carrier29,38747,473
Goods Carrier3,05,8803,33,339
Total M&HCVs3,35,2673,80,812
LCVs

Passenger Carrier37,22050,454
Goods Carrier5,60,9095,47,119
Total LCVs5,98,1295,97,573
Total Commercial Vehicles (CVs)9,33,3969,78,385
Three Wheelers

Passenger Carrier3,01,6305,33,675
Goods Carrier91,9261,07,769
E-Rickshaw22,08035,345
E-Cart2,8743,761
Total Three Wheelers4,18,5106,80,550
Two Wheelers

Scooter/ Scooterettee50,78,21755,74,270
Motorcycle/Step-Throughs1,01,27,7901,10,34,166
Mopeds4,41,9664,66,724
Total Two Wheelers1,56,47,9731,70,75,160
Quadricycle501909
Grand Total2,07,92,8242,28,36,604

3BMW, Mercedes, JLR & Volvo Auto data are not available.

4Daimler, JBM Auto & Scania data are not available.

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