News

Top 10 best-selling cars in India - July 2023

The top 4 positions have been occupied by Maruti cars (Swift, Baleno, Brezza & Ertiga).

The list of the top 10 best-selling cars in India in July 2023 consists of models from Maruti, Hyundai & Tata.

The top 4 positions have been occupied by Maruti cars (Swift, Baleno, Brezza & Ertiga). The Tata Nexon is in 9th place, while the Hyundai Creta is in the 5th position.

The Maruti Dzire sits in the 6th spot, while the 7th, 8th & 10th positions have been secured by the Fronx, WagonR & Eeco, respectively.

The top 10 cars sold in July 2023:

  1. Maruti Swift - 17,896
  2. Maruti Baleno - 16,725
  3. Maruti Brezza - 16,543
  4. Maruti Ertiga - 15,352
  5. Hyundai Creta - 14,062
  6. Maruti Dzire - 13,395
  7. Maruti Fronx - 13,220
  8. Maruti WagonR - 12,970
  9. Tata Nexon - 12,349
  10. Maruti Eeco - 12,037
 

News

Vehicle retail sales up by 9.57% in June 2023

Passenger vehicle sales were up by 4.79% compared to the previous year.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales increased by 9.57% in June 2023, compared to the same month last year.

Overall sales for the month of June 2023 stood at 18,63,868 units, compared to 17,01,105 units in June 2022.

Tractor sales increased by 41.04%, from 69,952 units in June 2022 to 98,660 units last month.

Two-wheeler sales were up by 6.77% to 13,10,186 units from 12,27,149 units in June 2022.

Three-wheeler sales were up by 75.48% in June 2023. 86,511 units were sold, compared to 49,299 units in June 2022.

Passenger vehicle sales were up by 4.79% compared to the previous year. 2,95,299 units were sold last month, compared to 2,81,811 units in June 2022.

Commercial vehicle sales increased by 0.44%. 73,212 units were sold in June 2023, compared to 72,894 units in the previous year.

The Passenger Vehicle segment, which achieved record sales in FY23, slowed down in April, with retails decreasing by 1% YoY. This was primarily due to last year's high base and the OBD 2A norms, which led to vehicle price increases and advanced purchases in March.

The month of June registered all-time highs for 3W, PV and Tractor segments. The PV segment experienced an uptick in demand for new models. FADA predicts rural sales to pick up further pace.

Team-BHP's detailed analysis of the June 2023 sales figures.

 

 

News

Top 10 best-selling cars in India - June 2023

The top 2 positions have been occupied by Maruti cars (WagonR & Swift).

The list of the top 10 best-selling cars in India in June 2023 consists of models from Maruti, Hyundai & Tata.

The top 2 positions have been occupied by Maruti cars (WagonR & Swift). The Tata Nexon is in 5th place, while the Punch occupies the 8th position.

The Hyundai Creta is in the 3rd position with the Venue in 6th place. The Maruti Brezza sits in the 9th spot, while the 4th, 7th & 10th positions have been secured by the Baleno, Alto & Grand Vitara, respectively.

The top 10 cars sold in June 2023:

  1. Maruti WagonR - 17,481
  2. Maruti Swift - 15,955
  3. Hyundai Creta - 14,447
  4. Maruti Baleno - 14,077
  5. Tata Nexon - 13,827
  6. Hyundai Venue - 11,606
  7. Maruti Alto - 11,323
  8. Tata Punch - 10,990
  9. Maruti Brezza - 10,578
  10. Maruti Grand Vitara - 10,486
 

News

Vehicle retail sales up by 10% in May 2023

Electric vehicles contribute to 8% of the total vehicle retail in May 2023.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales increased by 10.14% in May 2023, compared to the same month last year.

Overall sales for the month of May 2023 stood at 20,19,414 units, compared to 18,33,421 units in May 2022.

Tractor sales increased by 9.63%, from 64,528 units in May 2022 to 70,739 units last month.

Two-wheeler sales increased by 9.32% to 14,93,234 units from 13,65,924 units in May 2022.

Three-wheeler sales were up by 78.57% in May 2023. 79,433 units were sold, compared to 44,482 units in May 2022.

Passenger vehicle sales went up by 4.31% compared to the previous year. 2,98,873 units were sold last month, compared to 2,86,523 units in May 2022.

Commercial vehicle sales increased by 7.19%. 77,135 units were sold in May 2023, compared to 71,964 units in the previous year.

Electric vehicles contribute to 8% of the total vehicle retail in May 2023. Electric 2-wheelers accounted for 7% and electric 3-wheelers made up 57% of their respective total sales.

Team-BHP's detailed analysis of the May 2023 sales figures.

 

 

News

Vehicle retail sales drop by 4% in April 2023

Passenger vehicle sales were down by 1.35% compared to the previous year.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales dropped by 4.03% in April 2023, compared to the same month last year.

Overall sales for the month of April 2023 stood at 17,24,935 units, compared to 17,97,432 units in April 2022.

Tractor sales increased by 1.48%, from 55,019 units in April 2022 to 55,835 units last month.

Two-wheeler sales were down by 7.30% to 12,29,911 units from 13,26,773 units in April 2022.

Three-wheeler sales were up by 57.22% in April 2023. 70,928 units were sold, compared to 45,114 units in April 2022.

Passenger vehicle sales were down by 1.35% compared to the previous year. 2,82,674 units were sold last month, compared to 2,86,539 units in April 2022.

Commercial vehicle sales increased by 1.91%. 85,587 units were sold in April 2023, compared to 83,987 units in the previous year.

The Passenger Vehicle segment, which achieved record sales in FY23, slowed down in April, with retails decreasing by 1% YoY. This was primarily due to last year's high base and the OBD 2A norms, which led to vehicle price increases and advanced purchases in March.

The 2-wheeler segment's continued low sales, with a 7% YoY decrease, can be attributed to limited supplies due to the OBD 2A shift, untimely rains, and pre-buying in March.

Team-BHP's detailed analysis of the April 2023 sales figures.

 
 

News

Top 10 best-selling cars in India - April 2023

The top 3 positions have been occupied by Maruti cars (WagonR, Swift & Baleno).

The list of the top 10 best-selling cars in India in April 2023 consists of models from Maruti, Hyundai & Tata.

The top 3 positions have been occupied by Maruti cars (WagonR, Swift & Baleno). The Tata Nexon is in 4th place, while the Punch occupies the 8th position.

The Hyundai Creta is in the 5th position, while the Venue occupies the 10th position. The Maruti Brezza sits in 6th place, while the 7th & 9th spots have been secured by the Alto & Eeco, respectively.

The top 10 cars sold in April 2023:

  1. Maruti WagonR - 20,879
  2. Maruti Swift - 18,753
  3. Maruti Baleno - 16,180
  4. Tata Nexon - 15,002
  5. Hyundai Creta - 14,186
  6. Maruti Brezza - 11,836
  7. Maruti Alto - 11,548
  8. Tata Punch - 10,934
  9. Maruti Eeco - 10,504
  10. Hyundai Venue - 10,342
 

News

Audi India sales grow by 126% in Q1 2023

The brand's pre-owned car vertical Audi Approved Plus, also recorded a 50% growth.

Audi India has registered strong sales growth of 126% in the first quarter of this year.

Audi delivered 1,950 units between January to March 2023. In comparison, only 862 units were sold during the same period last year. The brand's pre-owned car vertical Audi Approved Plus, also recorded a 50% growth.

According to the company, SUVs contributed to 60% of the total sales in Q1 2023. Balbir Singh Dhillon, Head of Audi India, stated that the recently launched Q3 and Q3 Sportback have seen strong demand. Models like the Q7, Q8 and A8L have also been received well by the market.

Audi India's current product portfolio includes sedans like the A4, A6 and A8L. The carmaker also offers a wide range of SUVs starting with Q3, Q5 and all the way to the Q7 and Q8, while the performance line-up consists of the S5 Sportback, RS5 Sportback and the RS Q8.

Audi's electric vehicle range includes the e-tron 50, e-tron 55, e-tron Sportback 55, e-tron GT and RS e-tron GT.

 

News

Vehicle retail sales up 14% in March 2023

Passenger vehicle sales went up by 14.42% compared to the previous year.

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales grew by 13.89% in March 2023, compared to the same month last year.

Overall sales for the month of March 2023 stood at 20,41,847 units, compared to 17,92,802 units in March 2022.

Tractor sales increased by 3.84%, from 78,070 units in March 2022 to 81,067 units last month.

Two-wheeler sales went up by 12.42% to 14,45,867 units from 12,86,109 units in March 2022.

Three-wheeler sales were up by 68.71% in March 2023. 86,857 units were sold, compared to 51,483 units in March 2022.

Passenger vehicle sales went up by 14.42% compared to the previous year. 3,35,266 units were sold last month, compared to 2,93,016 units in March 2022.

Commercial vehicle sales also increased by 10.30%. 92,790 units were sold in March 2023, compared to 84,124 units in the previous year.

The passenger vehicle segment saw decent growth supported by better supplies and sales. Apart from this, the increase in prices of OBD 2A vehicles coupled with multiple festivals kept the sales healthy. However, inquiry levels have now started decreasing.

Retail sales of passenger vehicles reached a record high of 3.6 million vehicles, growing 23% YoY. The previous high was in FY'19 when retail sales were 3.2 million vehicles.

Team-BHP's detailed analysis of the March 2023 sales figures.

 

 

News

Top 10 best-selling cars in India - March 2023

The top 3 positions have been occupied by Maruti cars (Swift, WagonR & Brezza).

The list of the top 10 best-selling cars in India in March 2023 consists of models from Maruti, Hyundai & Tata.

The top 3 positions have been occupied by Maruti cars (Swift, WagonR & Brezza). The Tata Nexon is in 5th place, while the Punch occupies the 9th position.

The Hyundai Creta is in the 6th position. The Maruti Grand Vitara sits in 10th place, while the 4th, 7th & 8th spots have been secured by the Baleno, Dzire & Eeco, respectively.

The top 10 cars sold in March 2023:

  1. Maruti Swift - 17,559
  2. Maruti WagonR - 17,305
  3. Maruti Brezza - 16,227
  4. Maruti Baleno - 16,168
  5. Tata Nexon - 14,769
  6. Hyundai Creta - 14,026
  7. Maruti Dzire - 13,394
  8. Maruti Eeco - 11,995
  9. Tata Punch - 10,894
  10. Maruti Grand Vitara - 10,045
 

News

FADA: 2-wheeler segment reeling under high inflationary costs

2-wheeler sales remain below pre-pandemic levels and fell to a 7-year low during FY2023.

According to vehicle retail data shared by the Federation of Automotive Dealers Association (FADA), the 2-wheeler segment registered a YoY growth of 12.42%. However, sales remain below pre-pandemic levels.

Data shows that 14,45,867 units were sold last month compared to 12,86,109 units in March 2022. The 2-wheeler segment witnessed a growth of 12% YoY but was down by 9% from its pre-covid levels. This could be attributed to the inflationary pressure experienced by rural markets.

The 2-wheeler segment fell to a 7-year low with total retails of 15.9 million during FY2023. EV penetration in this category during the year was at 4.5%. The cumulative 2-wheeler sales for FY2023 stood at 1,59,95,968 units, which is 18.54% more than the previous fiscal (1,34,94,214 units).

 

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