May 2022 Indian Car Sales

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May 2022 Indian Car Sales

Top 10 Hot Selling Cars: May 2022



Manufacturer's Market Share: May 2022



Citroën May 2022 Indian Car Sales



Honda May 2022 Indian Car Sales



Hyundai May 2022 Indian Car Sales



Jeep May 2022 Indian Car Sales



Kia May 2022 Indian Car Sales



Mahindra May 2022 Indian Car Sales



Maruti Suzuki May 2022 Indian Car Sales



Morris Garages May 2022 Indian Car Sales



Nissan May 2022 Indian Car Sales



Renault May 2022 Indian Car Sales



Skoda May 2022 Indian Car Sales



Tata Motors May 2022 Indian Car Sales



Toyota May 2022 Indian Car Sales



Volkswagen May 2022 Indian Car Sales

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FADA Vehicle Registration Data: May 2022











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Press Release:

The Federation of Automobile Dealers Associations (FADA) today released

Vehicle Retail Data for May’22.

FADA is happy to inform that with its persistent follow up with the Andhra Pradesh Transport Ministry, the state has now migrated vehicle registration to Vahan. While this has happened towards the end of May, full month numbers will only come later. The only states remaining are Telangana, Madhya Pradesh and Lakshadweep. With this Vahan now covers 91.6% RTOs across the country.

May’22 Retails

Commenting on how May’22 performed, FADA President, Mr. Vinkesh Gulati said, “Indian Auto Industry during May’22 continued its flattish run for the 3rd consecutive month. While YoY comparison with May’21 shows exceptionally healthy growth rate across all categories, it is important to note that both May’21 and May’20 were affected by nation-wide lockdown due to covid thus witnessing. Hence a better comparison will be with May’19 which was a normal pre-covid month.

Similar to last month, May’22 when compared to May’19 reveals that Auto Retail is still not on growth trajectory as overall retails were down by -10%. While PV and Tractors continued its positive run by growing 11% and 33%, 2W, 3W and CV are yet to show any signs of healthy run-rate (compared to precovid months) as they de-grew by -14%, -19% and 11% respectively.

The Government made a bold decision to cut excise duty on fuel prices thus reducing inflation and economic distress. While this will have a positive rub-off on sale of vehicles especially 2W, the increase in 3rd party insurance premium will act as a deterrer for some.

The 2W segment has seen slight improvement in overall sales when compared with April’22. While 2W EV sales were growing rapidly though on low base, various fire incidents across almost all EV brands has created a fear in the mind of the customer. This coupled with supply chain issues, has decreased 2W EV sales drastically from last month.

The PV segment which has already surpassed May’19 numbers is witnessing huge demand. Dealers are not be able to fulfil the same due to supply side issues. This has not only led to an increase in waiting period (ranging from 3 months to 2 years) but is also keeping the customers frustrated. Healthy booking and single digit cancellation shows that demand may stay put even when normal supply resumes in months to come.

The CV segment especially buses are showing good demand due to re-opening of educational institutions.”

Near Term Outlook

While the Russia – Ukraine war continues to create demand supply mis-match thus delaying the availability of PVs, RBI has warned of more inflation as the increase in wholesale prices will get passed on to the end consumers. This will result in a lower disposable income which will ultimately hamper

Auto Sales.

RBI’s observation has come at a time when WPI Index rose by record 15.1% in the wake of high commodity prices and the impact of the breakdown in supply chains due to the War and the strict lockdown by China. FADA hence continues to remain cautious for any further recovery in Auto Sales in the near term.

Key Findings from our Online Members Survey

• Inventory at the end of May’22

o Average inventory for Passenger Vehicles ranges from 15 – 20 days

o Average inventory for Two – Wheelers ranges from 23 – 25 days

• Liquidity

o Good 43.7%

o Neutral 43.7%

o Bad 12.6%

• Sentiment

o Good 44.2%

o Neutral 42.2%

o Bad 13.6%

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SIAM Sales Summary Report: May 2022



































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Press Release:

Monthly Performance: May 2022

Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers, and Quadricycle in May 2022 was 1,965,541 units

Domestic Sales:

• Passenger Vehicles* sales were 251,052 units in May 2022.

• Three-wheeler sales were 28,542 units in May 2022.

• Two-wheeler sales were 1,253,187 units in May 2022.

Performance: April-May 2022

Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers, and Quadricycle in April-May 2022 was 3,856,736 units

Domestic Sales:

• Passenger Vehicles* sales were 502,703 units in April-May 2022.

• Three-wheeler sales were 49,480 units in April-May 2022.

• Two-wheeler sales were 2,415,769 units in April-May 2022.

Commenting on May-2022 performance, Mr Rajesh Menon, Director General, SIAM said, “Sales of Two-Wheelers and Three-Wheelers continue to remain sluggish in the month of May 2022, as they are even below of what it was 9 years and 14 years ago, respectively. Sales of Passenger Vehicle segment are also still below 2018 level. Recent Government interventions would help in easing of the supply side challenges, but second hike in repo-rates by RBI and increase in 3rd Party Insurance Rates, could become more challenging for the customers, thereby impacting demand.”

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