
Overall, the Indian automobile industry sold 2,12,04,162 units in the April–March 2023 period as compared to 1,76,17,606 units, registering a growth of 20.36 per cent during April–March 2022.
Share Post
Overall, the Indian automobile industry sold 2,12,04,162 units in the April–March 2023 period as compared to 1,76,17,606 units, registering a growth of 20.36 per cent during April–March 2022.
The Society of Indian Automobile Manufacturers (SIAM) today revealed the sales report for FY2022-23 as well as the industry performance in March 2023. During the April-March 2023 period, the passenger vehicle segment saw a growth of 26.73 per cent, registering 38,90,114 units as compared to 30,69,523 units in April-March 2022. In March 2023, PV sales grew marginally by 4.47 per cent, recording 2,92,030 units as compared to 2,79,525 units in March 2022. Overall, the Indian automobile industry sold 2,12,04,162 units in the April–March 2023 period as compared to 1,76,17,606 units, registering a growth of 20.36 per cent during April–March 2022.
In March 2023, the total domestic sales stood at 16,37,048 as compared to 15,10,534 units sold in March 2022, registering a hike of 8.38 per cent. The total number of passenger vehicles sold in March 2023 was 2,92,030 units as compared to 2,79,525 units, a growth of 4.47 per cent. Speaking simply about the passenger cars, the industry sold 1,22,133 units as compared to 1,38,014 units, registering a decline of 11.51 per cent, and this was largely due to the low sales in the entry-level segment, according to SIAM. The Utility Vehicle (UV) segment also saw a decent increase of 19.54 per cent, registering 1,57,881 units in March 2023 as compared to 1,32,073 units sold in March 2022.
Coming to the three-wheeler segment, the total sales generated during March 2023 was 54,360 units in March 2023 as compared to 32,135 units in March 2022, recording a healthy growth of 69.16 per cent. Then there is the two-wheeler segment, selling 12,90,553 units in March 2023 as compared to 11,98,825 units sold in the same period last year, recording a growth of 7.656 per cent.
200,000 Xiaomi SU7 Units Delivered In China In Less Than 1 Year
Satvik Khare 18 Mar, 2025, 10:19 AM IST
HP EliteBook Laptop Lineup for Business Users Refreshed With AI-Enabled Intel, AMD CPUs
Jamshed Avari 18 Mar, 2025, 9:46 AM IST
Ecofuel Receives Certification For 22 Car Models With BS6 Norms
Sutanu Guha 18 Mar, 2025, 7:23 AM IST
Renault Unveils Limited-Edition R5 Turbo 3E: 1,980 Units to Honour 1980 Original
Pratik Rakshit 18 Mar, 2025, 6:37 AM IST
Google Pixel 9a Key Details Surface Ahead Of Launch
Krishna SinhaChaudhury 18 Mar, 2025, 6:09 AM IST
Looking for a new car?
We promise the best car deals and earliest delivery!