Unlike sentiments in the passenger vehicles and two-wheeler segments, the commercial vehicles (CV) and 3 wheeler segments showed a positive growth in retail sales for the month of December 2021, as compared to Dec 2020.This was stated by Federation of Automobile Dealers Associations (FADA) at the release of its vehicle retail data for December 2021.
FADA President Vinkesh Gulati said the “CV segment continues to rise with M&HCV outshining LCV’s. The government’s push for infrastructure spending especially road infrastructure, better freight rates, price hike announcement in Jan and a low base helped the overall segment close in positive double digits.”
But he warned that India is once again under the grip of Covid with Delta/Omicron affecting people at an ultra-fast pace. This has also ignited the 3rd wave, he mentioned.
With IIT Kanpur predicting the peak of omicron sometimes in 1st week of February 2022, FADA remains extremely cautious over the next 2-3 months.
All India Vehicle Retail Data for December’21
CATEGORY
DEC'21
DEC'20
YoY %
DEC'19
% Chg,DEC'19
3W
44,288
27,766
59.50%
58,657
-24.50%
CV
58,847
51,749
13.72%
59,517
-1.13%
LCV
36,047
34,167
5.50%
38,268
-5.80%
MCV
4,099
2,499
64.03%
3,014
36.00%
HCV
16,066
11,278
42.45%
15,385
4.43%
Others
2,635
3,805
-30.75%
2,850
-7.54%
Source: FADA Research
Disclaimer:
The above numbers do not have figures from AP, MP, LD &TSas they are not yet on Vahan 4.
Vehicle Retail Data has been collated as on 03.01.22in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,379 out of 1,590 RTOs.
OEM wise Market Share Data for the Month of December’21 with YoY comparison
Three-Wheeler (3W)
Three-Wheeler OEM
Market Share (%), DEC'21
Market Share (%), DEC'20
BAJAJ AUTO LTD
13,844
31.26%
9,601
34.58%
PIAGGIO VEHICLES PVT LTD
4,033
9.11%
5,045
18.17%
YC ELECTRIC VEHICLE
2,290
5.17%
1,067
3.84%
MAHINDRA & MAHINDRA LIMITED
1,635
3.69%
1,213
4.37%
ATUL AUTO LTD
1,476
3.33%
1,192
4.29%
CHAMPION POLY PLAST
1,074
2.43%
374
1.35%
SAERA ELECTRIC AUTO PVT LTD
1,070
2.42%
508
1.83%
BEST WAY AGENCIES PVT LTD
852
1.92%
288
1.04%
DILLI ELECTRIC AUTO PVT LTD
838
1.89%
311
1.12%
MAHINDRA REVA ELECTRIC VEHICLES PVT LTD
796
1.80%
307
1.11%
TVS MOTOR COMPANY LTD
773
1.75%
792
2.85%
UNIQUE INTERNATIONAL
673
1.52%
228
0.82%
MINI METRO EV L.L.P
604
1.36%
208
0.75%
J. S. AUTO (P) LTD
563
1.27%
275
0.99%
THUKRAL ELECTRIC BIKES PVT LTD
553
1.25%
224
0.81%
VANI ELECTRIC VEHICLES PVT LTD
1.15%
318
ENERGY ELECTRIC VEHICLES
473
1.07%
149
0.54%
TERRA MOTORS INDIA PVT LTD
447
1.01%
Others including EV
11,786
26.61%
5,442
19.60%
Total
100.00%
Commercial Vehicle (CV)
Commercial Vehicle OEM
TATA MOTORS LTD
26,030
44.23%
19,236
37.17%
12,191
20.72%
15,184
29.34%
ASHOK LEYLAND LTD
7,876
13.38%
6,604
12.76%
MARUTI SUZUKI INDIA LTD
3,709
6.30%
2,490
4.81%
VE COMMERCIAL VEHICLES LTD
3,530
6.00%
2,648
5.12%
DAIMLER INDIA COMMERCIAL VEHICLES PVT. LTD
1,137
1.93%
930
FORCE MOTORS LIMITED, A FIRODIA ENTERPRISE
566
0.96%
348
0.67%
SML ISUZU LTD
559
0.95%
345
3,249
5.52%
3,964
7.66%
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