August 2022 Indian Car Sales

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August 2022 Indian Car Sales

Top 10 Hot Selling Cars: August 2022



Manufacturer's Market Share: August 2022



Citroën August 2022 Indian Car Sales



Honda August 2022 Indian Car Sales



Hyundai August 2022 Indian Car Sales



Jeep August 2022 Indian Car Sales



Kia August 2022 Indian Car Sales



Mahindra August 2022 Indian Car Sales



Maruti Suzuki August 2022 Indian Car Sales



Morris Garages August 2022 Indian Car Sales



Nissan August 2022 Indian Car Sales



Renault August 2022 Indian Car Sales



Skoda August 2022 Indian Car Sales



Tata Motors August 2022 Indian Car Sales



Toyota August 2022 Indian Car Sales



Volkswagen August 2022 Indian Car Sales

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FADA Vehicle Registration Data: August 2022











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Press Release:

The Federation of Automobile Dealers Associations (FADA) today released Vehicle Retail Data for August’22.

August’22 Retails

Commenting on how August’22 performed, FADA President, Mr. Manish Raj Singhania said, “Auto Retail for the month of August’22 saw an overall growth of 8%. August opens the door for festival season to kick in. While Dealers anticipated good Ganesh Chaturthi in August, the results thus far has not been encouraging. In spite of good monsoons, festive season began with a dampener during Ganpati.

When compared with August’19, a pre-covid month, total vehicle retails fell by -7%. While PV outperformed handsomely by growing 41%, CV also turned positive by growing 6% and thus came out of the covid blues. All the other segments were in red with 2W, 3W and Tractors falling by -16%, -1% and -7% respectively.

While the 2W segment has grown by 8.5% YoY, it continues to face covid blues due to underperformance of Bharat and is still not above 2019 levels. This coupled with price hikes has made the 2W product out of reach for most entry level customers. With erratic monsoon, the crop realisation has been low and flood like situation has restricted customer movement. The 3W space continues its healthy double digit growth (grows 83% YoY) when compared YoY. It has now also equalled 2019 sales for the first time. Electrification is also the highest in this category as e-Rickshaw leading the way. There is a clear indication that customers are now preferring electric vehicles over ICE vehicles as ICE 3W continues to see double digit de-growth when compared to pre- covid levels.

The CV segment continues to witness an upswing in economic activities post monsoon and saw a growth of 24% YoY. This along with government’s infrastructure push, new launches by OEMs and better conversion in fleet operations has kept the segment in green. Apart from this, the Passenger Carrier segment is also showing good demand due to increased buying from Educational Institutions.

The PV segment continues to be on a bull run (grows 6.5% YoY) as demand for all sub categories of vehicles except entry level remained strong. This is also aided by new feature rich launches which OEMs are doing since last few months. With semi-conductor shortage slowly becoming a passe, vehicle availability has definitely improved but waiting period continues to remain due to high demand in higher feature rich variants.”

Near Term Outlook

While the month of September brings with itself Onam and Navratri, it also brings the 15-days period of Shraadh, generally considered as an inauspicious period for buying vehicles. With easing of supply, PV segment will definitely see the best ever festivities (Navratri and Diwali) in last 1 decade. Along with this, if vehicle prices continue to remain stable and there is no more health related threats, we may see an uptick in the much awaited 2W space which has not shown the required growth since last festivals.

With Government’s continuous push in infrastructure spending, we will also see an uptick in CV space. Overall, FADA changes its stance from ‘cautiously optimistic’ to ‘optimistic’ as it enters the festive period.

Key Findings from our Online Members Survey

• Inventory at the end of August’22

o Average inventory for Passenger Vehicles ranges from 30 – 35 days

o Average inventory for Two – Wheelers ranges from 30 – 33 days

• Liquidity

o Good 47.9%

o Neutral 37.2%

o Bad 14.9%

• Sentiment

o Good 46.3%

o Neutral 40.5%

o Bad 13.2%

• Expectation from September

o Growth 61.2%

o Flat 27.3%

o De-growth 11.6%

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SIAM Sales Summary Report: July 2022



























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Press Release:

Monthly Performance: August 2022

Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers and Quadricycle in the month of August 2022 was 2,275,407 units.

Domestic Sales:

• Passenger Vehicles* sales were 281,210 units in Aug 2022.

• Three-wheeler sales were 38,369 units in August 2022.

• Two-wheeler sales were 1,557,429 units in August 2022.

Performance: April - August 2022

Production: Total production of Passenger Vehicles**, Three Wheelers, Two Wheelers and Quadricycle in April-August 2022 was 10,542,675 units.

Domestic Sales:

• Passenger Vehicles** sales were 1,485,506 units in April-August 2022

• Three-wheeler sales were 145,986 units in April-August 2022

• Two-wheeler sales were 6,663,265 units in April-August 2022

Commenting on the August 2022 sales data, Mr Rajesh Menon, Director General, SIAM said “In August 2022, sales in the Passenger vehicle segment stood at 2.8 lakh units, Two-wheelers posted sales of 15.6 lakh units, while Three-wheeler segment posted sales of just 38,000 units. While good monsoon and the upcoming festive season is likely to increase demand, SIAM is keeping a close watch on the dynamic supply-side challenges. High CNG prices is a big challenge for the industry and we keenly look forward to the kind interventions and support from the Government.

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