Data Alert
India Nov vehicle sales flat on year, exports jump
This story was originally published at 16:49 IST on 13 December 2024
Register to read our real-time news.Informist, Friday, Dec. 13, 2024
Please click here to read all liners published on this story
--SIAM: India Nov passenger vehicle sales 347,522 units, up 4.1% on year
--SIAM: India Nov 2-wheeler sales 1.60 mln units, down 1.1% on year
--SIAM: India Nov 3-wheeler sales 59,350 units, down 1.3% on year
--SIAM: India Nov scooter sales 568,580 units, up 11.7% on year
--SIAM: India Nov motorcycle sales 990,246 units, down 7.5% on year
--SIAM: Nov total vehicle exports 446,867 units, up 24.5% on year
--SIAM: Nov total vehicle output 2.41 mln units, up 8% on year
--SIAM: Nov passenger vehicle output 351,499 units, up 6.5% on year
--SIAM: Nov 2-wheeler output 1.98 mln units, up 8.8% on year
--SIAM: Nov 3-wheeler output 76,997 units, down 5.5% on year
--SIAM: Nov total domestic vehicle sales 1.96 mln units, down 0.3% on year
--SIAM: Apr-Nov total vehicle exports 3.39 mln units, up 16.6% on year
--SIAM: Apr-Nov total vehicle domestic sales 17.17 mln units, up 11.2% YoY
--SIAM: Apr-Nov total vehicle production 20.43 mln units, up 12% on year
--SIAM: Apr-Nov domestic PV sales 2.73 mln units, up 1% on year
MUMBAI – Wholesale domestic automobile despatches saw a minor dip in November even as exports jumped, data from the Society of Indian Automobile Manufacturers showed Friday. Total domestic automobile despatches declined 0.3% on year to 1.96 million units in November, while exports rose 24.5% to 446,867 units as utility vehicle sales to foreign markets increased 47%, the data showed.
"The demand momentum which was seen in October during the festive period has continued in November for the industry as a whole, although two-wheeler and three-wheeler segments witnessed minor de-growth," SIAM Director General Rajesh Menon said in a press release. Total production of automobiles in November rose 8.0% on year to 2.41 million units.
PASSENGER VEHICLES
Domestic passenger vehicle sales in November were the highest ever for November at 347,522 units, up 4.1% on year. Passenger car sales, which include micro, mini and compact models, in November were 97,186 units, down 5.2% on year, the data showed. Utility vehicles sold locally in November were 192,684 units, up 10.1% on year. Wholesale van despatches rose 3.5% on year to 10,589 units.
Domestic passenger vehicle sales in Apr-Nov were 2.73 million units, up 1.0% on year. Automobile companies exported 498,760 passenger vehicles in Apr-Nov, up 12.1% on year. A total of 3.19 million passenger vehicles were produced in Apr-Nov, up 2% on year, the data showed.
TWO-WHEELERS
Domestic sales of two-wheelers in November declined 1.1% on year to 1.60 million units. Scooter wholesales rose 11.7% on year to 568,580 units in November, while motorcycle wholesales declined 7.5% to 990,246 units. Companies sold 45,923 mopeds in November, up 5.6% on year, SIAM data showed.
Exports of two-wheelers surged 30.2% to 362,157 units in November, driven by robust demand for motorcyles and mopeds. Motorcyle exports rose 33.1% on year to 316,425 units, while moped exports jumped to 768 units from 36 units a year ago. Companies produced 1.98 million two-wheelers in November, up 8.8% on year, SIAM data showed.
Sales of two-wheelers in Apr-Nov rose 13.7% on year to 13.93 million. Exports of two-wheelers in the first eight months of the financial year increased 19.1% to 2.69 million units. Two-wheeler production in Apr-Nov was 16.51 million units, up 14.6% on year.
THREE-WHEELERS
In the domestic markets, 59,350 units of three-wheelers were despatched in November, down 1.3% on year. Wholesales of e-rickshaws in November were 1,527 units, down 40.4% on year. Passenger carriers sold in November were 47,725 units, largely unchanged from a year ago.
Exports of three-wheelers in November dipped 10.4% to 23,439 units in November, driven by a 36.7% on-year fall in exports of goods carriers. The production of three-wheelers in November fell 5.5% to 76,997 units. Production of e-rickshaws plummeted to 1,703 units from 2,942 a year ago.
Sales of three-wheelers in Apr-Nov increased 6.7% on year to 509,919 units, while exports fell 1.6% to 203,436 units. A total of 716,421 three-wheelers were manufactured in Apr-Nov, up 3.8% on year.
Quadricycles were not sold in India in November. However, companies exported 720 quadricyles in November, up 140% from a year ago. Companies manufactured 846 quadricylces in November, up 162% on year.
The Society of Indian Automobile Manufacturers detailed domestic vehicle sales figures for November as follows:
| Segment | Nov-24 | Oct-24 | Nov-23 | Year-on-year change (in%) |
| Passenger vehicles | 347,522 | 393,238 | 333,833 | 4.1 |
| Passenger cars | 97,186 | 107,520 | 102,558 | -5.2 |
| Utility vehicles | 192,684.00 | 225,934.00 | 174,981 | 10.1 |
| Vans | 10,589 | 11,653 | 10,226 | 3.5 |
| Two-wheelers | 1,604,749 | 2,164,276 | 1,623,399 | -1.1 |
| Scooters | 568,580 | 721,200 | 509,119 | 11.7 |
| Motorcycles | 990,246 | 1,390,696 | 1,070,798 | -7.5 |
| Mopeds | 45,923 | 52,380 | 43,482 | 5.6 |
| Three-wheelers | 59,350 | 76,770 | 60,143 | -1.3 |
| Quadricycles | 0 | 4 | 63 | -100.0 |
* Data does not include sales numbers of BMW, Mercedes, Jaguar Land Rover, and Volvo Auto. Tata Motors domestic sales data for September included only in ‘Total PV’, detailed break-up is not available.
The Society of Indian Automobile Manufacturers detailed domestic vehicle production figures for November as follows:
| Segment | Nov-24 | Oct-24 | Nov-23 | Year-on-year change (in%) |
| Passenger vehicles | 351,499 | 367,185 | 330,097 | 6.5 |
| Passenger cars | 123,171 | 128,097 | 133,651 | -7.8 |
| Utility vehicles | 217,137 | 226,924 | 186,123 | 16.7 |
| Vans | 11,191 | 12,164 | 10,323 | 8.4 |
| Two-wheelers | 1,978,009 | 2,412,039 | 1,817,205 | 8.8 |
| Scooters | 618,170 | 718,807 | 542,500 | 13.9 |
| Motorcycles | 1,312,717 | 1,641,258 | 1,233,816 | 6.4 |
| Mopeds | 47,122 | 51,974 | 40,889 | 15.2 |
| Three-wheelers | 76,997 | 1,03,417 | 81,517 | -5.5 |
| Quadricycles | 846 | 355 | 323 | 161.9 |
* Data does not include sales of Tata Motors, BMW, Mercedes, Jaguar Land Rover, and Volvo Auto
End
Reported by Anand JC
Edited by Saji George Titus
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2024. All rights reserved.
To read more please subscribe
Share this Story:
