New Delhi: Retail automobile sales in India saw a 5 per cent dip in December 2022, mainly due to a decline in two-wheeler (2W) sales by 11 per cent, said data shared by the Federation of Automobile Dealers Associations (FADA).

In November, vehicle sales had jumped 26 per cent, pushed by the wedding season and in October, the sector had registered a 48 per cent rise in sales mainly due to the festive season.

Apart from the 2W segment, all the other categories were in the green, with three-wheeler (3W), private vehicles (PV), tractor and commercial vehicles (CV) growing by 42 per cent, 8 per cent, 5 per cent and 11 per cent, respectively.
The sales, however, were still not at pre-pandemic levels.

Compared to December 2019, total retail auto sales were down 12 per cent. Here also, except 2W, which fell by 21 per cent, all the other categories like 3W, PV, Tractor, and CV closed in green by 4 per cent, 21 per cent, 27 per cent and 9 per cent, respectively.

For the calendar year 2022 (CY22), while total vehicle retails grew by 15 per cent year-on-year and 17 per cent compared to CY20, it failed to surpass CY19 (a pre-covid year) and registered a fall of 10 per cent. However, PVs reported the highest sales ever in 2022 at 3.43 million units.

Apart from PV, the tractor segment was the only other segment that registered sales higher than in 2021, 2020 and 2019. It also registered a new lifetime high of 794,000 units.

ALSO READ: Cabinet approves National Green Hydrogen Mission