Delhi- The Society of Indian Automobile Manufacturers has released data on production, sales and exports of passenger vehicles, two-wheelers and three-wheelers for October 2024. A total of 3,67,185 vehicles were produced in India last month. passengers. Of them, 1,28,097 were passenger cars, 2,26,924 utility vehicles and 12,164 vans. As of October 2023, India produced 1,56,250 passenger cars, 2,13,380 utility vehicles and 12,759 vans, taking the total production to 3,82,395 passenger vehicles.
While the production of passenger cars and vans saw a decline of 18% and 4.7%, the production of utility vehicles increased by 6.3% in October 2024. A similar trend was observed in domestic sales, where in October In 2024, 2,25,934 utility vehicles were sold, compared to 1,98,356 in October 2023, showing a growth of 13%. Domestic sales of passenger cars and vans experienced a drop of 17.3% and 10.2% respectively in October 2024 compared to the same month last year. Total domestic passenger car sales stood at 3,45,107 units in October 2024, up from 3,41,377 units in October 2023, an annual growth of 1.1%.
India’s utility vehicle exports grew by 61.7% in October 2024, with 28,879 units exported abroad, compared to 17,859 units in October 2023. India’s passenger car exports saw a 10% decline. .3% in October 2024, with 31,534 units exported to international markets, compared to 35,167 units in October 2023. A total of 1,117 passenger vans were exported from India in October 2024, while in October 2023 The figure was 894, which represents a growth of 24.9%. Total passenger vehicle exports increased by 14.1% last month compared to the same period last year.
