Vehicle retail sales up by 11% in September 2022

The waiting period, though, still continues to range between 3-24 months, especially for SUVs and compact SUVs.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales went up by 11% in September 2022, compared to the same month last year.

Overall sales for the month of September 2022 stood at 14,64,001 units, compared to 13,19,647 units in September 2021. Compared to September 2019, when 15,21,893 units were sold, total vehicle retails have dropped by 3.80%.

The passenger vehicle segment continued to show growth. Better availability of semi-conductors, new launches, and feature rich products are said to have attracted customers to dealerships this festive season. The waiting period, though, still continues to range between 3-24 months, especially for SUVs and compact SUVs.

Tractor sales dropped by 1.49%, from 53,392 units in September 2021 to 52,595 units.

Two-wheeler sales increased by 9.02% to 10,15,702 units from 9,31,654 units in September 2021.

Three-wheeler sales were up by 71.94% in September 2022. 63,915 units were sold, compared to 37,172 units in September 2021.

Passenger vehicle sales went up by 9.71% compared to the previous year. 2,60,556 units were sold last month, compared to 2,37,502 units in September 2021.

Commercial vehicle sales also increased by 18.87%. 71,233 units were sold in September 2022, compared to 59,927 units in the previous year.

Team-BHP's detailed analysis of the September 2022 sales figures.