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Old 9th November 2023, 14:52   #1
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October 2023 : Indian Car Sales Figures & Anaysis
















NOTES:

1: Thanks to the team at Auto Punditz for sharing these sales numbers with us!

2: Only cars that sell 500+ units (and thus, the relevant ones) have been included in the gainers & losers chart.

3. These manufacturer-reported sales numbers are factory dispatches to dealerships. They are NOT retail sales figures to end customers.

Last edited by Omkar : 11th November 2023 at 19:47. Reason: Correction
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Old 9th November 2023, 14:54   #2
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Re: October 2023 : Indian Car Sales Figures & Anaysis









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Old 9th November 2023, 14:58   #3
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Old 9th November 2023, 15:02   #4
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Old 9th November 2023, 15:02   #5
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Re: October 2023 : Indian Car Sales Figures & Anaysis

Thread moved from the Assembly Line to the Indian Car Scene.
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Old 9th November 2023, 15:25   #6
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Re: October 2023 : Indian Car Sales Figures & Anaysis

Vehicle retail sales up by 12.51% in October 2023

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales grew by 12.51% in October 2023, compared to the same month last year.

October 2023 : Indian Car Sales Figures & Anaysis-screenshot-20231109-152418.jpg

Overall sales for the month of October 2023 stood at 21,17,596 units, compared to 22,95,099 units in October 2022.

Tractor sales increased by 6.15%, from 58,823 units in October 2022 to 62,440 units last month.

Two-wheeler sales declined by 12.60% to 15,07,756 units from 17,25,043 units in October 2022.

Three-wheeler sales were up by 45.63% in October 2023. 1,04,711 units were sold, compared to 71,903 units in October 2022.

Passenger vehicle sales were down by 1.36% compared to the previous year. 3,53,990 units were sold last month, compared to 3,58,884 units in October 2022.

Commercial vehicle sales increased by 10.26%. 88,699 units were sold in October 2023, compared to 80,446 units in the previous year.

According to FADA, Navratri of 2023 marked a milestone with retail sales soaring by 18% year-over-year, surpassing the figures of Navratri 2017. Except for tractors, which saw an 8% decline, all categories exhibited commendable growth.

Link to Team-BHP News

Last edited by TusharK : 9th November 2023 at 15:34.
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Old 9th November 2023, 16:10   #7
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Re: October 2023 : Indian Car Sales Figures & Anaysis

  • High Wagon R sales seems to be the Tour version.
  • Elevate is eating into City. Silently gone to 4th place among C-Segment Sedans
  • Scorpio surpassing Creta should be a dream for Mahindra
  • Elevate to settle at ~5K. Honda might be happy, but the folks at T-BHP. Hmmm
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Old 9th November 2023, 16:15   #8
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Re: October 2023 : Indian Car Sales Figures & Anaysis

I was expecting Safari + Harrier to do better volumes after the facelift and the safety rating. At this rate, M&M will overtake the numbers with the launches lined up for the upcoming years!
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Old 9th November 2023, 17:05   #9
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Re: October 2023 : Indian Car Sales Figures & Anaysis

Seems like the discontinuation of the superb has breathed some life into the Camry. Sales have gone up by 40-50% compared to before, I am happy for the lone wolf.
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Old 9th November 2023, 17:45   #10
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Re: October 2023 : Indian Car Sales Figures & Anaysis

Mahindra XUV700 outselling Harrier+ safari combo by 3x. This is quite an achievement. Heck even Thar is doing more than Harrier+ Safari.

Market seems to be divided like

Lower segment- Maruti
Sub4M- Tata
Mid-size crossover- Hyundai
Large SUV/Cross over- Mahindra

Looks like Mahindra will take home the highest profit among all. Their investment into home grown design+ Platform+engines seems to have paid off
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Old 9th November 2023, 18:03   #11
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Re: October 2023 : Indian Car Sales Figures & Anaysis

Interesting article I stumbled upon today. However, the article is a couple of days old. It speaks about inventory pile-up with dealers. Have we seen the peak of the market already?

Reuters link

I still feel Mahindra has cracked the market well by selling these high-priced cars. Even Xuv300 seems to be doing steady numbers, despite being relatively old now and having a facelift around the corner.

I was in the market to inquire about the discounts being offered on Xuv300 and there were not many, especially on the lower variants. I had imagined that dealers would throw good discounts with the facelift on the horizon. Guess I was wrong.
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Old 9th November 2023, 19:09   #12
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Re: October 2023 : Indian Car Sales Figures & Anaysis

Quote:
Originally Posted by ph03n!x View Post
I was expecting Safari + Harrier to do better volumes after the facelift and the safety rating. At this rate, M&M will overtake the numbers with the launches lined up for the upcoming years!
Safari + Harrier deliveries started from 20th of October. Dispatch numbers are of the last 10 days. Sales numbers may go up to 3-3.5k max as Petrol preference may bring in another 2k.

What happened to the Jeep Grand Cherokee? Has it been discontinued? It is not in the factory dispatch list.

XUV 700 is selling more than the Innova twins!! Great show by Mahindra. Someone beat Toyota in their own game!
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Old 9th November 2023, 19:11   #13
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Re: October 2023 : Indian Car Sales Figures & Anaysis

Quote:
Originally Posted by ph03n!x View Post
I was expecting Safari + Harrier to do better volumes after the facelift and the safety rating. At this rate, M&M will overtake the numbers with the launches lined up for the upcoming years!
Harrier+Safari did those numbers in 10 days. November will bring full picture of it.
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Old 9th November 2023, 20:47   #14
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Re: October 2023 : Indian Car Sales Figures & Anaysis

Mahindra Scorpio sales is what surprised me.
Its in Top 10 and also sold more than Hyundai Creta. That's a big achievement.
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Old 9th November 2023, 22:17   #15
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Re: October 2023 : Indian Car Sales Figures & Anaysis

City got lowest sales (not counting Ciaz) among the peers. For Verna the 5 star rating has only resulted in decrease in sales marginally.
Jeep is struggling to do even 500, without a new product 1000 units is only a distant dream.
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