Auto industry performance of November-2024
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.”
Segment/Subsegment | November 2023 | November 2024 | %Change |
Total Passenger Vehicles*** | 3,33,833 | 3,47,522 | 4.1% |
Three Wheelers | November 2023 | November 2024 | %Change |
Passenger Carrier | 48,007 | 47,725 | -0.6% |
Goods Carrier | 9,281 | 9,809 | 5.7% |
E-Rickshaw | 2,563 | 1,527 | -40.4% |
E-Cart | 292 | 289 | -1.0% |
Total Three Wheelers | 60,143 | 59,350 | -1.3% |
Two Wheelers | November 2023 | November 2024 | %Change |
Scooters | 5,09,119 | 5,68,580 | 11.7% |
Motorcycles | 10,70,798 | 9,90,246 | -7.5% |
Mopeds | 43,482 | 45,923 | 5.6% |
Total Two Wheelers | 16,23,399 | 16,04,749 | -1.1% |
Quadricycle | 63 | 0 | - |
***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
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