Auto retail sales see decline of 5% in December

Retail auto sales for the month of December witnessed a five per cent year-on-year decline after two straight months of robust growth. Last month, the industry saw 16,22,317 units sold as against 17,14,942 units sold in December of 2021, as per data released by The Federation of Automobile Dealers Associations (FADA).

By: HT Auto Desk
| Updated on: 05 Jan 2023, 15:05 PM
Follow us on:
Follow us on:
File photo used for representational purpose only
File photo used for representational purpose only
File photo used for representational purpose only
File photo used for representational purpose only

Of the total sales, 11,33,138 units were of two-wheelers as against 12,75,894 2 in December of 2021, registering a decrease of 11 per cent. Except for two-wheelers, all other categories were in the green with three-wheeler, passenger vehicle (PV) Tractor and Commercial Vehicle (CV) growing by 42 percent, 8 percent, 5 percent, and 11 percent, respectively.

Also Read : Car sales continue to soar in December but two-wheelers remain big worry

For the calendar year of 2022, total vehicle retails grew by 15 per cent YoY, 17 per cent when compared to 2020 but saw a decline of 10 per cent from the pre-covid year of 2019.

Similar Products

Find more Cars
Aston Martin Db11 (HT Auto photo)
Aston Martin Db11
5198 cc | Petrol | Automatic (Dual Clutch) | 8.9 kmpl
₹3.29 Cr***Ex-showroom price
Aston Martin Vantage (HT Auto photo)
Aston Martin Vantage
3982 cc | Petrol | Automatic (Dual Clutch) | 8.62 kmpl
₹2.95 Cr***Ex-showroom price
Bmw 2 Series Gran Coupe (HT Auto photo)
Bmw 2 Series Gran Coupe
1998 cc | Petrol | Automatic (Torque Converter) | 14.82 kmpl
₹37.9 - 42.3 Lakhs***Ex-showroom price
Honda City Hybrid (HT Auto photo)
Honda City Hybrid
1498 cc | Hybrid (Electric + Petrol) | Automatic (EV/Hybrid) | 26.5 kmpl
₹19.5 Lakhs***Ex-showroom price
Hyundai Kona Electric (HT Auto photo)
Hyundai Kona Electric
cc | Electric | Automatic
₹23.79 - 23.98 Lakhs***Ex-showroom price
Lamborghini Huracan Evo (HT Auto photo)
Lamborghini Huracan Evo
5204 cc | Petrol | Automatic (Dual Clutch)
₹3.22 - 3.73 Cr***Ex-showroom price

The retail sales in the month of December went into a lull after two super months of October and November, which witnessed adrenaline rush in the entire auto industry," as per FADA President Manish Raj Singhania. He added that the two-wheeler segment once again failed to impress as retail sales continued to fall after two good months.

Due to reasons such as rise in inflation, increased cost of ownership, rural market yet to pick up fully and increased EV sales, the ICE two-wheeler segment is yet to see any green shoots.

Commenting on the near-term outlook of the auto industry, Singhania said that global geopolitical headwinds, tightening monetary policy, and the lingering effect of the pandemic have combined to create a gloomy global outlook. However, FADA remains cautious during January-March 2023.

First Published Date: 05 Jan 2023, 14:53 PM IST
TAGS: auto sales
Recommended for you
View all
Shopping Bag Shop Now
55% OFF
SOFTSPUN Microfiber Cloth - 4 pcs - 40x40 cms - 340 GSM Grey- Thick Lint & Streak-Free Multipurpose Cloths - Automotive Microfibre Towels for Car Bike Cleaning Polishing Washing & Detailing
Rs. 269 Rs. 604
73% OFF
pTron Bullet Pro 36W PD Quick Charger, 3 Port Fast Car Charger Adapter - Compatible with All Smartphones & Tablets (Black)
Rs. 349 Rs. 1,299
20% OFF
Involve Your Senses One Musk Organic Car Perfume Bar, Involve Your Senses Strong Fiber Air Freshener to Freshen'up Your Car - IONE01-40 g Car Accessories interior car perfumes and fresheners
Rs. 320 Rs. 399
65% OFF
ELV Car Mount Adjustable Car Phone Holder Universal Long Arm, Windshield for Smartphones - Black
Rs. 349 Rs. 999
14% OFF
Jopasu Car Duster
Rs. 749 Rs. 869
9% OFF
ShineXPro Microfiber Car Cleaning Cloth - OG Soft 500 GSM Extra Large (35x75 cm) Microfiber Cloth for Car and Bike - Suede Edging for Scratchless Drying and Detailing (Pack of 2)
Rs. 499 Rs. 549
7% OFF
Pidilite WD-40, Multipurpose Car care Spray, 420ml Rust Remover, Lubricant, Stain Remover, Powerful Chimney Cleaner, Degreaser, and Bike Chain Cleaner & Chain Lube (341g)
Rs. 347 Rs. 375
68% OFF
ORJILO Super Soft Microfiber Car Duster Exterior with Extendable Handle, Car Brush Duster for Car Cleaning Dusting - Grey
Rs. 319 Rs. 999
65% OFF
Portronics AUTO 12 in-Car Bluetooth Receiver for Handsfree Calling, Music System, Supports All Smartphones (Black)
Rs. 529 Rs. 1,499
61% OFF
HSR Car Accessories in 10PCS/1Set Car Wiper Detergent Effervescent Tablets Washer Auto Windshield Cleaner Glass Wash Cleaning Tablets
Rs. 197 Rs. 499

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city