Posted On : 11 November, 2022
Recently, FADA (Federation of Automobiles Dealership Associations) released the Three wheeler sales figures 2022 for the month of October. The segment of 3 wheeler vehicles witnessed the sale of 66,763 units, with a growth of 65.87% in October 2022 as compared to the sales of 40,251 units in October 2021.
Stating the performance of the October month 2022 and Festive period, FADA President Mr. Manish Raj Singhania said, "The 3W segment showed a remarkable gain of 66% YoY but was marginally below the red line in the year of 2019 by decline of 0.6%. The sub-category figures clearly show that shift is happening towards Electric Vehicles (EV) adoption while ICE vehicles are no more favourites. In few pockets due to permit problems, new vehicle sales have taken a hit during this period."
Bajaj: In terms of sales performance, Bajaj Auto continued to be the topper among all brands in the 3-wheelers segment. As per the FADA Three Wheeler Sales figure October 2022, the brand sold 23,808 commercial vehicle units which were 14,905 commercial vehicle units in October 2021. In this way, it registered 59.73% growth.
Piaggio: According to the FADA Three Wheeler Sales Data October 2021, the brand sold 4,863 commercial vehicle units in October 2022. In October 2021, it sold 4,287 commercial vehicle units. As a result, it recorded a sales growth of 13.44%.
Y.C. Electric: This brand showed a growth of 80.47% in its retail sales for October 2022, as it sold 3,151 commercial vehicle units in October 2022 compared to 1,746 units in October 2021.
Mahindra: This brand obtained an upward trend of 86.23% in its Three Wheeler Sales Report October 2022, as it sold 2,393 commercial vehicle units in October 2022 compared to 1,285 units in October 2021.
Mayuri: This brand witnessed a remarkable growth of 116.86% in its retail sales report released recently. It sold 1,904 commercial vehicle units in October 2022 compared to 878 units in October 2021.
Atul Auto: This brand experienced positive progress of 12.06% in its retail sales report, as it sold 1,570 commercial vehicle units in October 2022 compared to 1,401 units in October 2021.
Citylife: This brand showed a clear upward trend with a growth of 106.10% in its retail sales data, as it sold 1,521 commercial vehicle units in October 2022 compared to 738 units in October 2021.
Saarthi: This brand showed a growth of 60.87% in its retail sales statistics for the month of October 2022. It sold 1,295 commercial vehicle units in October 2022 compared to 805 units in October 2021.
TVS Motors: This brand obtained progress of 65.24% in its retail sales statistics October 2022, as it sold 1,160 commercial vehicle units in October 2022 compared to 702 units in October 2021.
Mini Metro: This brand experienced tremendous growth of 183.65% in its 3 wheeler sales figures, as it sold 1,197 commercial vehicle units in October 2022 compared to 422 units in October 2021.
Terra Motors: This brand witnessed a surge of 85.75% in the retail sales of 3-wheelers, as it sold 717 commercial vehicle units in October 2022 compared to 386 units in October 2021.
J.S. Auto: This brand showed a growth of 31.88% in the Three Wheeler Sales Report October 2022, as it sold 728 commercial vehicle units in October 2022 compared to 552 units in October 2021.
Udaan: This brand witnessed a growth of 71.43% in its retail sales figure 2022, as it sold 684 commercial vehicle units in October 2022 compared to 399 units in October 2021.
All the other remaining brands, including electric vehicle (EV) manufacturers, witnessed an upward trend with a growth of 85.37% as they sold 21,772 commercial vehicle units in Three Wheeler Sales in India in October 2022, as compared to 11,745 units in October 2021.
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