Car Sales Report in India- November 2022

November 2022 saw good sales increase for almost all of India's major manufacturers. Car sales have increased in the nation as a result of several new vehicle introductions, profitable promotions, and enthusiastic purchaser attitudes.

In November 2022, 3,22,070 units were sold in India, up from 2,45,214 in November 2021. This represents an increase of 31.3% for the country's auto sector.

Maruti Suzuki continued to hold the top spot, with Tata Motors coming in third and Hyundai taking the second spot. Discover brand-specific sales results for November 2022 by reading the information below.

Overview

According to Manish Raj Singhania, President of FADA, November 2022 had the highest retails in the history of the Indian auto industry, with March 2020 serving as an exception when retails were higher as a result of the BS4 to BS6 changeover.

The Great Indian Wedding Season, which runs from November 14 to December 14, will see about 32 lakh marriages celebrated nationwide, according to Singhania. The good run of holiday sales during that season "passed the baton," he continued.

When compared to the prior period of November 2019, which was for the second straight month, general retails showed a gain in all categories, with the exception of 2-wheelers.

Although the 2W segment experienced a massive gain of 24% YoY, it decreased somewhat by 0.9% when compared to November 2019, a pre-covid year. According to retail sales resulting from the ongoing wedding season, this segment is gradually shifting the tides from unfavorable to favorable, Singhania added.

All Image Credit- autopunditz

Maruti Suzuki

Sales at Maruti Suzuki, the biggest automaker in the country, have increased by 21%. In comparison to the 1,09,722 units sold in November 2021, the company sold 1,32,395 units last month. The following table lists the top three Maruti Suzuki vehicles last month by sales.

Hyundai

In November 2022, Hyundai India still held the second spot. In comparison to the comparable period last year, the company sold 48,002 units in November 2022, up from 37,001, representing a 30% increase. Below is a visual of the top three books that the company sold the most last month.

Tata Motors

Tata Motors took third place with a gain of 55%. In November of last year, the Indian manufacturer had total sales of 46,040 units as opposed to 29,780 units in November 2021. Interestingly, Tata Motors was outsold by Hyundai in sales last month by 1,962 cars. The graph below displays the top three Tata models that were purchased in India in Nov 2022.

Mahindra

Mahindra, which now holds the fourth spot on this list, sold 30,266 units last month. The company posted a significant rise of 56% in November 2021 with sales of 19,400 units. According to Mahindra, these were the top three-selling models in the previous month.

Kia

With 24,025 unit sales in November 2022, Kia India entered the top five list of bestselling automakers in the nation. In comparison to the same period last year, the company produced 14,214 units, an increase of 69%. Following are the top three volume players for the company in the previous month.

Toyota

Despite a decrease of 9.5%, Toyota kept its sixth place in India last month. Comparing November 2022 to November 2021, the Japanese manufacturer sold 11,765 units as opposed to 13,002 units. As of November 2022, the three leading Toyota vehicles sold in India are listed below.

Honda

Honda is the following in this list of Japanese automakers. When compared to November of the prior year, when unit sales were 5,457, the company saw growth of 29.2%, selling 7,051 units. The top two Honda products in India previous month are listed below.

Renault

In terms of growth, Renault India has seen a 25.2% increase and is currently ranked ninth in terms of sales. In November 2022, the French manufacturer sold 6,325 units, up from 5,052 in November 2021. The following are the company's top three selling in India last month:

Skoda

In November 2022, Volkswagen and MG Motor were overtaken by Skoda. In November 2021, the company sold 2,196 units; in November 2022, it sold 4,433 units, representing a rise of 102%. The two most popular Skoda vehicles in India over the previous month are listed below.

MG Motor

MG Motor India lost ground, falling to 10th place despite an increase of 64.4%. In November 2022, the company recorded sales of 4,079 units, up from 2,481 units the year before. The top two MG vehicles in India last month are listed below.

Volkswagen

Sales of the German company Volkswagen increased by 13.2% last month, from 3,570 units sold to 3,154 units in November 2021. In India last month, the following two products were the company's top two sellers.

Image Credit-autopunditz

Nissan

Nissan India recorded a 10% decline in sales last month. In November 2022, the company recorded 2,400 units, down from 2,651 units sold during the same period in the prior year. 2,397 units from the Magnite small SUV made up the majority of sales.

Jeep

Jeep India experienced a 15% reduction in sales in November 2022 from the same month the previous year, when it sold 1,052 units, to 894 units this time around. The Compass SUV and the freshly released Meridian SUV each accounted for 550 units of the total sales.

Citroen

Citroen India experienced a staggering growth of 1,487 percent in November 2022, selling 825 units as opposed to 52 units during the same period the previous year. In India, the C5 Aircross and the C3 are the company's two available models. The latest C3's 804 units, which saw a significant increase in quantity, are responsible.

Luxury Cars Sales (November 2022)

Image Credit-rushlane

Mercedes India saw a significant increase in sales in the luxury vehicle class, going from selling 901 units in November 2021 to 1,129 units in November 2022, boosting its market share to 0.38 percent from 0.36 percent. Sales of BMW vehicles in India increased from 753 to 962 vehicles.

Lower on the list were Volvo and Jaguar featuring 156 units and 158 units respectively. Porsche sold 80 vehicles in November 2021 compared to 32 units in November 2021. Additionally, 3 Rolls Royce vehicles, 2 Lamborghini vehicles, and 1 Bentley vehicle were sold in November 2022.

While PCA Automobiles had an increase in retail sales from just 57 units in November 2021 to 639 units in November 2022, Fiat saw a decline in retail sales to 996 units from 1,062 units. Force Motors (446 units), whereas Isuzu retail sales in November 2022 and November 2021 stayed at 64 units.

Verdict

According to information from the industry group Federation of Automobile Dealers Associations, India's festival and wedding season contributed to a 26% increase in overall retail vehicle sales in November compared to a year earlier.

According to FADA data, sales of three-wheelers increased by 80% in November, followed by sales of tractors, which increased by 56.8%. Sales of passenger cars and two-wheelers increased by just 23.6% and 21.3%, respectively, while sales of commercial vehicles increased by 32.8%.

The bulk of the top automakers and their authorized dealers are probably going to provide significant discounts and advantages this month as we get closer to the end of 2022. In general, we anticipate electric vehicles will contribute significantly to the total number of sales.

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