According to the Society of Indian Automobile Manufacturers (SIAM), the automobile wholesale sector grew significantly in the first quarter of FY22, owing to relaxed lockdown restrictions, phased revival of industrial activities, and a low base from the previous year.

According to the data, overall domestic sales climbed by 113 percent in the first quarter of FY22 (between April and June 2021) to 3,180,039 units, up from 1,492,612 units in the first quarter of FY21.

The entire passenger vehicle segment showed a 320 percent growth in sales between April and June 2021, reaching 646,272 units, compared to 153,734 units in the same period previous year.

Volvo Auto, BMW, and Mercedes are not included in passenger vehicle sales, and Scania and Daimler are not included in commercial vehicle sales.

“Mr. Kenichi Ayukawa, President, SIAM, stated, "The automobile industry in India supported significantly in government's task of controlling the spread of virus by imposing strict constraints on industrial activities in the first quarter of FY22”. “Recently, with limitations relaxing, OEMs have cautiously restarted processes in a phased manner”, We thank the government for increasing vaccination rates in the country, extending a fiscal stimulus package to key impacted industries, and including wholesale and retail trading within MSMEs”, he added.

Total domestic commercial vehicle sales were 105,800 units between April and June 2021, compared to 31,636 units in the same period last year. M&HCV sales stood at 29,158 units during the period under review, while LCV sales totaled 76,642 units.

In the first quarter of FY22, two-wheeler sales climbed to 2,403,591 units, up from 1,294,509 units in the same time frame last year. During the quarter under review, the motorcycle segment recorded 1,740,198 units sale, while the scooter segment sold 592,445 units. Total domestic three-wheeler sales were 24,376 units between April and June 2021, up from 12,760 units in the same period last year.

Furthermore, the following is a snapshot of auto sales per company during the month of July:

Sales of TVS motorcycles have increased by 10.7%.

TVS Motor Company Ltd. reported a 10.7% increase in total sales to 2,78,855 units in July compared to the previous month, according to a statement.

Other Standouts (M-o-M)

·        The total number of two-wheeler sales for the month was 2,62,728 units, up from 2,38,092 units the previous month.

·        In July, domestic two-wheeler sales were 1,75,169 units.

·        In July, motorcycle sales totaled 1,38,772 units.

·        Scooter sales increased to 74,351 units in July, up from 54,595 in June.

In July, Ashok Leyland sold 8,650 vehicles.

According to the company's exchange filings, overall sales of 8,650 units were reported in July, a 34 percent increase over June.

Domestic sales of medium and heavy commercial vehicles increased to 3,473 units in July, up from 2,364 in June.

Domestic sales increased to 8,129 units in July, up from 5,851 in June.

M&M auto sales are up, but tractor sales are down.

Tractor Sales Fall In July, Mahindra & Mahindra Ltd.'s auto business achieved overall sales of 42,983 units, up 30% from June.

·        M&M's passenger car sales increased by 24.43 percent in July, to 21,046 units.

·        July saw a 47.4 percent increase in commercial vehicle sales over June, with 19,814 units sold.

Bajaj Auto Sales Rise 6.6% Month-On-Month

Bajaj Auto Ltd. recorded a 6.6 percent gain in July sales over June, selling 3,69,136 units, an increase of 6.6 percent over June, according to its exchange filing.

A glimpse of sales (M-o-M)

·        The total number of two-wheelers sold in units increased by 0.3 percent to 1,56,232 units.

·        Exports of two-wheelers increased by 12.5 percent to 1,74,337 units.

·        The total number of commercial vehicles sold increased by 8.40 percent to 38,547 units.

Tata Motors' passenger vehicle sales have increased by 25%.

Tata Motors, the country's third largest manufacturer, had a 25% increase in volume over the previous month.

Maruti Suzuki's sales have increased by 10.2 percent.

Maruti Suzuki, the country's largest automobile manufacturer, saw a 10.2 percent gain in sales from June 21 to June 22.