New Delhi November 14, 2024: Society of Indian Automobile Manufacturers (SIAM) released the Auto Industry Sales Performance data for the month of October 2024 and overall FY performance. The total production of Passenger Vehicles, Three Wheelers, Two Wheelers, a Quadricycle in October 2024 was 28,82,996 units
Domestic Sales:
- Passenger Vehicles2 sales were 3,93,238 units in October 2024.
- Three-wheeler sales were 76,770 units in October 2024
- Two-wheeler sales were 21,64,276 units in October 2024.
1 BMW, Mercedes, JLR, Tata Motors & Volvo Auto data are not available.
2 BMW, Mercedes, JLR & Volvo Auto data are not available. Tata Motors Domestic Sales data included only in this document.
Commenting on October-2024 performance, Mr Rajesh Menon, Director General, SIAM said, “October 2024 saw two major festivals Dussehra and Diwali, both occurring in the same month, which traditionally drive higher consumer demand providing a significant boost to Auto industry’s performance. Passenger Vehicles posted its highest ever sales of October in 2024 of 3.93 Lakh units, with a growth of 0.9%, albeit on a high base of last October. Two-Wheeler segment also posted the highest ever sales of October in 2024 with 21.64 Lakh units, with a good growth of 14.2%, compared to October 2023. This high growth was also reflected in the Vahan vehicle registration data, wherein more than 30% growth in registration was witnessed for both Passenger Vehicles and Two-Wheelers in October 2024, compared to October 2023. However, Three-Wheelers marginally de-grew by (-)0.7% compared to October of previous year, with sales of 0.77 lakh units in October 2024, although there was growth of 11% in registration, compared to last October.”
Society of Indian Automobile Manufacturers
Domestic Sales: Monthly
| Category | Domestic Sales (In Nos.) | ||
| Segment/Subsegment | October | ||
| 2023 | 2024 | % Change | |
| Total Passenger Vehicles3 | 3,89,714 | 3,93,238 | 0.9% |
| Three Wheelers | |||
| Passenger Carrier | 61,293 | 62,531 | 2.0% |
| Goods Carrier | 11,659 | 11,539 | -1.0% |
| E-Rickshaw | 4,124 | 2,085 | -49.4% |
| E-Cart | 268 | 615 | 129.5% |
| Total Three Wheelers | 77,344 | 76,770 | -0.7% |
| Two Wheelers | |||
| Scooters | 5,89,802 | 7,21,200 | 22.3% |
| Motorcycles | 12,52,835 | 13,90,696 | 11.0% |
| Mopeds | 53,162 | 52,380 | -1.5% |
| Total Two Wheelers | 18,95,799 | 21,64,276 | 14.2% |
| Quadricycle | 81 | 4 | -95.1% |
3BMW, Mercedes, JLR &Volvo Autodata arenot available.TataMotors Domestic Sales data included only in ‘Total PV’, detailed break-up is not available. However, withoutTata Motors, ‘Total PV’ would be 3,41,377 for October 2023 and 3,45,107for October 2024
