Substantial drop in sales of cars, goods carriers and light commercial vehicles in Q2: SIAM

• The sale of cars declined in Q2 as per SIAM data.
• Good carriers and light commercial vehicles also reported a decline in Q2.
• Two-wheeler sales continued to grow, with both scooters and motorcycles reporting growth.

Sales of cars in the country saw a significant decline in the second quarter of FY25, as highlighted by the latest sales data released by the Society of Indian Automobile Manufacturers (SIAM) on Monday.

The slowdown in sales was not limited to passenger cars alone. There has also been a decline in sales of goods carriers, which dropped by 15.8% during the same period. In the second quarter of this year, 69,514 goods carriers were sold, down from 82,538 units in the corresponding period last year.


Light commercial vehicles (LCVs) also experienced a notable dip in sales. The segment saw a decline of 10.2% in the second quarter of FY25 compared to the previous year. Between July and September 2024, 1,26,370 light commercial vehicles were sold, compared to 1,53,927 units in the same period last year.

This drop across different segments of the auto industry reflects the challenges the sector faces during the current fiscal year.

Two-wheeler sales showed a more positive trend. Scooter sales recorded a growth of 16.9% in the second quarter, with a total of 18.32 lakh units sold compared to 15.67 lakh units in the same period last year.

Motorcycle sales also increased by 10.2%, reaching 32.09 lakh units compared to 29.13 lakh units in the year-ago quarter.

On the other hand, the electric rickshaw (E-rickshaw) segment saw a sharp decline in sales. E-rickshaw sales dropped by 30.7% in the second quarter, with only 7,227 units sold compared to 10,430 units in the same quarter last year.

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