On YoY basis, total passenger vehicle retail sales for the month of September’22 saw a growth of 10%, according to the data released by Federation of Automobile Dealers Associations (FADA).
When compared with September’19, a pre-covid month, PV segment sustained its healthy run by growing 44%. FADA says that overall retail in PV will be at a decade high during this festive season.
The PV segment continued its ‘Bolt’ run by showing a growth of 10% YoY and 44% when compared to Sept’19, a pre-covid month. Better availability due to easing semi-conductor supply, new launches and feature rich products kept customers glued to dealerships for getting their favourite vehicles during the auspicious period. The waiting period continues to range between 3 months to 24 months especially for SUVs and compact SUVs which have become the absolute choice for today’s customers, says FADA president Manish Raj Singhania.
Maruti Suzuki continued to dominate the PV segment with an almost 42 per cent market share. It sold 1,03,912 units in September 2022. Hyundai was a distant second with 39,118 units, while Tata Motors sold 36,435 units.
Passenger Vehicle (PV)
Passenger Vehicle OEM
SEP'22
Market Share (%), SEP'22
SEP'21
Market Share (%), SEP'21
MARUTI SUZUKI INDIA LTD
1,03,912
39.88%
99,276
41.80%
HYUNDAI MOTOR INDIA LTD
39,118
15.01%
41,416
17.44%
TATA MOTORS LTD
36,435
13.98%
23,866
10.05%
MAHINDRA & MAHINDRA LIMITED
22,351
8.58%
14,957
6.30%
KIA MOTORS INDIA PVT LTD
18,151
6.97%
13,403
5.64%
TOYOTA KIRLOSKAR MOTOR PVT LTD
12,610
4.84%
10,582
4.46%
SKODA AUTO VOLKSWAGEN GROUP
5,972
2.29%
4,148
1.75%
SKODA AUTO VOLKSWAGEN INDIA PVT LTD
5,953
2.28%
3,898
1.64%
VOLKSWAGEN AG/INDIA PVT. LTD.
1
0.00%
142
0.06%
AUDI AG
18
0.01%
107
0.05%
SKODA AUTO INDIA/AS PVT LTD
0
HONDA CARS INDIA LTD
5,883
2.26%
7,345
3.09%
RENAULT INDIA PVT LTD
5,728
2.20%
8,047
3.39%
MG MOTOR INDIA PVT LTD
2,956
1.13%
2,890
1.22%
NISSAN MOTOR INDIA PVT LTD
2,209
0.85%
2,903
FIAT INDIA AUTOMOBILES PVT LTD
1,031
0.40%
1,018
0.43%
MERCEDES -BENZ GROUP
1,004
0.39%
1,168
0.49%
MERCEDES-BENZ INDIA PVT LTD
972
0.37%
1,083
0.46%
MERCEDES -BENZ AG
32
70
0.03%
DAIMLER AG
15
BMW INDIA PVT LTD
852
0.33%
842
0.35%
PCA AUTOMOBILES INDIA PVT LTD
717
0.28%
46
0.02%
FORCE MOTORS LIMITED, A FIRODIA ENTERPRISE
390
0.15%
103
0.04%
JAGUAR LAND ROVER INDIA LIMITED
162
218
0.09%
VOLVO AUTO INDIA PVT LTD
112
154
PORSCHE AG GERMANY
64
43
AUTOMOBILI LAMBORGHINI S.P.A
7
8
FORD INDIA PVT LTD
6
1,917
0.81%
BENTLEY MOTORS LTD
3
ROLLS ROYCE
2
Others
881
0.34%
3,150
1.33%
Total
2,60,556
100.00%
2,37,502
Source: FADA Research
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