Vehicle retail sales increase by 37% in April 2022

Overall sales for the month of April 2022 stood at 16,27,975 units, compared to 11,87,771 units in April 2021.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales increased by 37% in April 2022, compared to the same month last year.

Overall sales for the month of April 2022 stood at 16,27,975 units, compared to 11,87,771 units in April 2021. However, compared to April 2020, when only 3,77,232 units were sold, total vehicle retails have risen by 331.56%.

The months of April 2020 and April 2021 were affected by the first and second waves of Covid-19 infections in the country and witnessed little to no business.

With the ongoing Russia-Ukraine war and China under lockdown, the global Auto Industry continues to witness a supply crunch as semi-conductor shortage along with high metal prices and container shortage prevails.

Tractor sales increased by 26.14% from 38,306 units in April 2021 to 48,319 units.

Two-wheeler sales increased by 37.99% to 11,94,520 units from 8,65,628 units in April 2021.

Three-wheeler sales were up by 95.91% in April 2022. 42,396 units were sold compared to 21,640 units in April 2021.

Passenger vehicle sales increased by 25.47% compared to the previous year. 2,64,342 units were sold last month compared to 2,10,682 units in April 2021.

Commercial vehicle sales increased by 52.18%. 78,398 units were sold in April 2022 compared to 51,515 units in the previous year.

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