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Informist, Thursday, Mar. 13, 2025

 

--SIAM: India Feb passenger vehicle sales 377,689 units, up 1.9% on year 

--SIAM: India Feb 2-wheeler sales 1.38 mln units vs 1.52 mln yr ago 

--SIAM: India Feb scooter sales 512,783 units vs 515,340 units yr ago 

--SIAM: India Feb motorcycle sales 838,250 units vs 964,362 units yr ago 

--SIAM: India Feb 3-wheeler sales 57,788 units vs 55,175 units yr ago 

--SIAM: India Feb total vehicle exports 474,328 units vs 408,422 units yr ago 

--SIAM: India Feb 2-wheeler output 1.86 mln units vs 1.83 mln units yr ago 

--SIAM: India Feb 3-wheeler output 83,252 units vs 78,146 units yr ago 

--SIAM: India Feb scooter output 605,501 units vs 567,463 units yr ago 

--SIAM: India Feb passenger vehicle output 404,193 units vs 386,741 yr ago 

 

MUMBAI – Adverse demand conditions in the domestic market led to a decline of 6.4% on year in automobile despatches in February, data from the Society of Indian Automobile Manufacturers showed Thursday. While exports recorded growth, this was the lowest in seven months.

 

Domestic passenger vehicle despatches to dealers rose 1.9% on year to 377,689 units in February. Companies manufactured 404,193 units of passenger vehicles in February, 4.5% higher than 386,741 units a year ago. Sport utility vehicles continue to be attractive while demand for passenger cars tapered off.  

 

Sales of utility vehicles to dealers grew a tad over 9% to 208,795 units, showing strong growth within the category of passenger vehicles. Indian automobile companies together exported a total of 31,388 units of utility cars in February which is up nearly 44% on year. Despatches of passenger cars in February fell 4.3% on year to 110,966 units. Exports of passenger cars fell almost 23% on year to 24,248 units.

 

Domestic depatches of vans in February fell 5.4% on year to 11,493 units, while exports grew 27.8%. In February, Indian original equipment manufacturers focussed more on the production of utility vehicles, given their high demand, but slowed that of passenger cars and vans. Companies produced 245,508 units of utility vehicles in February, up 10.6% on year, while the output of passenger cars fell 3.5% on year to 146,265 units and that of vans was down a little over 6% at 12,420 units.

 

TWO-WHEELERS
Overall two-wheeler wholesales in India, which accounted for 78% of the total vehicles, saw a sharp fall in February, while their exports grew. Sales of two-wheelers to dealers fell 9% on year to 1.38 million units. This was due to a two-digit fall in despatches of motorcycles and mopeds. Exports, on the other hand, grew over 19% to 391,408 units.

 

Sales of scooters to dealers fell marginally to 512,783 units in February, while exports contracted 5.5% to 44,744 units. Companies manufactured 605,501 units of scooters during the month, up 6.7%. Motorcycle wholesales, which accounted for 61% of the overall two-wheeler segment, plunged 13% on year to 838,250 units. On the other hand, exports of motorcycles rose a little over 23% to 345,722 units. Production of motorcycles marginally declined in February, with companies producing 1.21 million units. Moped wholesales in February tanked more than 18% on year to 33,572 units, while their production increased 4% on year to 44,423 units. Exports of mopeds jumped nearly 64% on year to 942 units. 

 

THREE-WHEELERS 

Growth in domestic three-wheeler wholesales in February was stronger than for passenger vehicles and two-wheelers. Companies sold 57,788 three-wheelers to dealers in February, up 4.7% on year. Production of three-wheelers rose 6.5% on year to 83,252 units, while their exports grew marginally by 0.7% to 26,024 units in February.

 

Wholesale sales of passenger carriers rose 6.8% on year to 46,111 units in February, while their production during the month rose nearly 9% to 71,693 units. Exports of passenger carriers grew by a paltry 2.5% on year to 25,825 units.

 

Despatches of goods carriers in February rose nearly 6% to 10,603 units, while exports plummeted nearly 69% to 199 units. Production of goods carriers fell 3.1% on year to 10,465 units. On the other hand, despatches of electric rickshaws fell nearly 51% on year to 741 units. Production of electric rickshaws fell nearly 13.8% on year to 650 units.

 

Despatches of quadricycles in India, done only by Bajaj Auto, fell to just three units from 36 in the same month last year. Similarly, exports declined 43% on year to 258 quadricycles. The company made around 351 quadricycles in February, up 6% on year. 

 

APR-FEB

For Apr-Feb, companies sold 22.45 million automobile units to dealers, up 7.6% on year. The growth in two-wheelers and three-wheelers offset some of the weakness in passenger vehicles. Exports fared better than domestic sales during the period.

 

Passenger vehicle sales in Apr-Feb rose 2.1% to 3.82 million units and exports were up 13.6% on year at 692,311 units. Production of passenger vehicles increased 2.8% year to 4.49 million units in Apr-Feb.

 

Companies sold 17.95 million two-wheelers to dealers in India in Apr-Feb, up nearly 8.9%. The growth was driven by a near 17% increase in scooter wholesales at 6.27 million units. Motorcycle despatches in Apr-Feb rose 5.1% on year to 11.22 million units. Overall two-wheeler exports grew over 22% to 3.83 million units in Apr-Feb. Two-wheeler production during the period increased about 11.8% to 21.92 million units. 

 

Wholesales of three-wheelers grew 6.4% on year to 678,607 units in Apr-Feb, while exports grew almost 1% to 278,006 units. Production of three-wheelers grew slower than wholesales in Apr-Feb, at 5.4% on year.

 

The Society of Indian Automobile Manufacturers detailed domestic vehicle sales figures for February as follows:

 

Segment	Feb-25	Jan-25	Feb-24	Year-on-year change (in %)
Passenger vehicles	3,77,689	399,386	370,786	1.90
Passenger cars	110,966	127,065	115,937	(-)4.30
Utility vehicles	208,795	212,995	191,435	9.10
Vans	11,493	11,250	12,147	(-)5.40
Two-wheelers	1,384,605	1,526,218	1,520,761	(-)9.00
Scooters	512,783	548,201	515,340	(-)0.50
Motorcycles	838,250	936,145	964,362	(-)13.10
Mopeds	33,572	41,872	41,059	(-)18.20
Three-wheelers	57,788	58,167	55,175	4.70
Quadricycles	3	1	36	(-)91.70

 

* Data does not include sales numbers of BMW, Mercedes, Jaguar Land Rover, and Volvo Auto. Tata Motors domestic sales data is included only in ‘Total PV', detailed break-up is not available.

 

The Society of Indian Automobile Manufacturers detailed domestic vehicle production figures for February as follows:

 

Segment	Feb-24	Jan-25	Feb-24	Year-on-year change (in %)
Passenger vehicles	404,193	433,550	386,741	4.50
Passenger cars	146,265	157,300	151,538	(-)3.50
Utility vehicles	245,508	263,971	221,955	10.60
Vans	12,420	12,279	13,248	(-)6.30
Two-wheelers	1,858,462	2,022,321	1,829,534	1.60
Scooters	605,501	622,502	567,463	6.70
Motorcycles	1,208,538	1,353,049	1,219,447	(-)0.90
Mopeds	44,423	46,770	42,624	4.20
Three-wheelers	83,252	90,305	78,146	6.50
Quadricycles	351	467	331	6.00

 

* Data does not include sales numbers of BMW, Mercedes, Jaguar Land Rover, and Volvo Auto. Tata Motors domestic sales data is included only in 'Total PV', a detailed break-up is not available.  End

 

Reported by Gopika Balasubramanium

Edited by Avishek Dutta

 

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