2022 sees 6L new car sales in Delhi, up 32% y/y

NEW DELHI: 2022 saw sales of over sixty thousand new vehicles in the national capital, up 32% from 2021.
While a total of 605,905 vehicles were registered in Delhi between January 1 and December 30 this year with an average daily sales of 1,665, in 2021 there are a total of 4,59,231 vehicles. Private, passenger and cargo rolling on city streets.
Due to the push by the Delhi government to introduce an electric vehicle-specific policy in August 2020 and strengthen the public charging system, the city has seen sales of 61,150 electric vehicles, accounting for 10.1 % of total car sales this year. In 2021, 25,816 electric vehicles were registered in Delhi, accounting for 5.6% of the total number of vehicles registered that year. Vehicle sales in the current calendar year are much higher than they were two years earlier, but did not hit the pre-pandemic mark of 641,413 units registered in 2019.
However, officials say 2018 was the best year for auto sales with 726,830 new vehicles rolling in the city between January 1 and December 31 for a daily average of 1,991. While two-wheeler sales in 2022 are up a staggering 34% compared to 2021, the number of cars registered this year is up 25% year-over-year.
Not only private cars, commercial vehicles also saw outstanding sales growth in 2022 compared to last year. While 43,452 commercial ‘transportation’ vehicles were registered in Delhi last year, this has increased to 61,139 units this year, an increase of more than 40% in sales between January 1 and 30. December. Commercial vehicles include buses, taxis, freight trains, electric trailers, tricycles, ambulances and fire trucks among others.
The highest number of cars sold was in October, which is considered an auspicious month, with 76,228 new wheel sets hitting the roads in Delhi. This fell to 62,512 in November, the second-best month for vehicle sales in 2022. However, vehicle sales plummeted in December, with only 39,846 personal and commercial vehicles sold. registration. transportation facilities Delhi government.
“Few people want to buy a personal vehicle in December because they believe their car or two-wheeler will be considered one year old within a month. December is always the worst month for new car registrations,” said a Delhi government official.
In 2021, November recorded the biggest spike in car sales, during the festive season.
While the growth rates of CNG (commercial vehicles) and CNG/Gasoline (personal vehicles) are still equal to the total number of vehicles sold in the city, Delhi people seems to have caught up with the popularity of petrol hybrids this year. Compared to 2021, when there were 6,328 petrol/hybrid vehicles registered in Delhi, sales increased by 105% with 12,980 such vehicles purchased by city residents.
Declining vehicle sales in the past two years have also affected revenue generation for the Delhi government. But thanks to the high number of car sales in Delhi this year, the government has collected Rs 2,476 billion in 2022 compared to Rs 1,778 billion in 2021 and Rs 1,304 billion in 2020. 2019, the government has collected 1,770 billion Rupees from the transportation sector. This amount includes not only the motor vehicle tax, which is the largest component, but also from various fees, including vehicle registration and transfer, fitness and license fees for commercial vehicles, driver license fees, etc.


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