Auto industry performance of November-2024

Dais World | 13/12/2024 05:58 PM

Production: The total production of Passenger Vehicles*, Three Wheelers, Two Wheelers, and  Quadricycle in November 2024 was 24,07,351 units 

Domestic Sales:  

• Passenger Vehicles** sales were 3,47,522 units in November 2024.  
• Three-wheeler sales were 59,350 units in November 2024  
• Two-wheeler sales were 16,04,749 units in November 2024.  

*BMW, Mercedes, JLR, Tata Motors & Volvo Auto data are not available.  

**BMW, Mercedes, JLR & Volvo Auto data are not available. Tata Motors Domestic Sales data included only in this document.  

Commenting on November-2024 performance, Mr Rajesh Menon, Director General, SIAM said, “The demand momentum which was seen in October during the festive period has  continued in November for the industry as a whole, although Two-Wheeler and Three-Wheeler  segments witnessed minor de-growth in November 2024. Passenger Vehicles posted its  highest ever sales of November in 2024 of 3.48 Lakh units, with a growth of 4.1% as compared  to November 2023. Though Diwali festival did not fall in the month of November in 2024, the  Two-Wheeler segment posted a sales of 16.05 Lakh units, crossing the 16 Lakh units mark for  the first time in a non-Diwali November. However, there was a de-growth of (-)1.1% as  compared to November of previous year for Two-Wheelers. Three-Wheelers marginally degrew by (-)1.3%, as compared to November of last year, with sales of 0.59 lakh units in  November 2024.”

***BMW, Mercedes, JLR & Volvo Auto data are not available. Tata Motors Domestic Sales data included only in ‘Total PV’, detailed break-up is not available.

However, without Tata Motors, ‘Total PV’ would be 2,87,765 for November 2023 and 3,00,459 for November 2024

Reach out to us at PR Desk 

Read more on our ​Partner sites: Growth Reports Business | The Progress Catalyst

Get rewarded for your reading habits on the Dais World app!