According to figures released by the Society of Indian Automobile Manufacturers (SIAM) today, sales of passenger vehicles grew by 16% to 3,89,714 units, while 2-wheeler sales saw a 20% jump over last year at 18.96 lakh vehicles this October. was done ,
Along with this, the sales of 3-wheeler vehicles saw a huge jump of 42% and sold 76,940 vehicles this October.
Auto Wholesale Sales Figures (October, YoY)
Passenger vehicle sales increased by 16% to 3,89,714 units
2-wheeler sales grew by 20% to 18,95,799 units
3-wheeler sales grew 42% to 76,940 units
Wholesale vehicle sales in last 4 months
Siam Auto Wholesale Statistics
How much was the product?
Total production of passenger vehicles, 3-wheelers, 2-wheelers and quadricycles for October 2023 was 26,21,248 units. This does not include figures for BMW, Mercedes, JLR, Tata Motors and Volvo Auto.
What does Siam say?
“Passenger and 3-wheeler have posted the best ever figures for October,” said Vinod Aggarwal, president of SIAM. Along with this, the 2-wheeler segment also saw good growth. All three saw double-digit growth, with contributions from government policy and the festive season.