The sales of passenger vehicles in April 2023 were among the highest for the month, registering an increase of 12.9 percent compared to April 2022. According to figures published by the industry body Society of Indian Automobile Manufacturers (SIAM) that as many as 331,278 passenger cars were delivered from dealerships to factories in April, an increase of 12.9 percent over 293,303 units that were sold during April of 2022.
“Sales of passenger vehicles of April 2023 was the most successful April ever, which saw a rise of 12.9 percent, as compared to the April of 2022. Two-Wheelers also posted a rise of 15.1 percent in April 2023, when compared to the same month last year. The domestic market sales for Three-Wheelers during April of 2023 been close to pre-covid levels of this month. April,” said Rajesh Menon, Director General, SIAM, commenting on the performance of April 2023.
The BS 6 Phase 2 Emission Norms were in effect from 1st April 2023, and the latest figures show that the Industry can move exceptionally effortlessly. Two-wheeler sales reached 13,38,588 vehicles in April of 2023. This was 15.1 percent more than in April 2022. Three-wheeler sales reached 42,885 units as of April 2023.
“All the segments viz. Passenger Vehicles, Two-Wheelers and Three-Wheelers have posted growth in April 2023, compared to April 2022, which clearly indicates that Industry has been able to transit very smoothly to BS 6 Phase 2 Emission Norms from 1st April 2023. As we gradually get into the monsoon season, among other factors, good rainfall can also help the Auto Industry sustain its growth,” stated Vinod Aggarwal. President of SIAM.