Total passenger vehicles sales in India slumped by 14.8 percent month-over-month to 235,309 units in December 2022, following a 5.1 percent drop in November. It was the third straight month of decline in car sales, amid rising interest rates, the Society of Indian Automobile Manufacturers (SIAM) data showed. Still, on a yearly basis, passenger car sales grew 7.2 percent. “Passenger Vehicles have reported highest ever sales of 3.8 million units in 2022, which is about 4 Lakh units higher than the last peak in 2018," Vinod Aggarwal, President SIAM said. source: SIAM - Society of Indian Automobile Manufacturers
Total Vehicle Sales in India averaged 186727.05 Units from 2002 until 2022, reaching an all time high of 323443.00 Units in October of 2016 and a record low of 44163.00 Units in April of 2002. This page provides - India Domestic Vehicle Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news. India Total Passenger Vehicles Sales - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.