NewDelhi, November 10, 2023: Society of Indian Automobile Manufacturers (SIAM) released the Auto Industry Sales Performance data for the month of October 2023 today.
Production: The total production of Passenger Vehicles, Three Wheelers, Two Wheelers, and Quadricycle in October 2023 was 26,21,248 units
Domestic Sales:
Passenger Vehicles sales were 3,89,714 units in October 2023.
Three-wheeler sales were 76,940 units in October 2023
Two-wheeler sales were 18,95,799 units in October 2023.
Commenting on sales data of October 2023, Mr Vinod Aggarwal, President, SIAM said, “Both
Passenger Vehicles and Three-Wheelers have posted highest ever sales of October, while Two-
Wheeler segment has also posted good sales in the month of October 2023. All the three
segments have posted double-digit growth. This growth momentum is encouraging for the industry
which has been enabled by sustained conducive policies of the Government and the ongoing
festive season.”
Commenting on October 2023 performance, Mr Rajesh Menon, Director General, SIAM said,
“Passenger Vehicles posted the highest ever sales of October of 3.90 Lakh units, with a growth
of 15.9%, compared to last year. Three-Wheelers also reported a decent growth of 42.1%, posting
sales of about 0.77 lakh units in October 2023. 18.96 Lakh Units of Two-Wheelers were sold in
October 2023, with a growth of 20.1%, as compared to October 2022.”
| Category | Domestic Sales (In Nos.) | |
| Segment/Subsegment | October | |
| 2022 | 2023 | |
| Total Passenger Vehicles | 3,36,330 | 3,89,714 |
| Three Wheelers | ||
| Passenger Carrier | 41,246 | 60,889 |
| Goods Carrier | 10,326 | 11,659 |
| E-Rickshaw | 2,323 | 4,124 |
| E-Cart | 259 | 268 |
| Total Three Wheelers | 54,154 | 76,940 |
| Two Wheelers | ||
| Scooter/ Scooterettee | 5,13,450 | 5,89,802 |
| Motorcycle/Step-Throughs | 10,20,295 | 12,52,835 |
| Mopeds | 44,638 | 53,162 |
| Total Two Wheelers | 15,78,383 | 18,95,799 |
| Quadricycle | 71 | 81 |
