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With an intense competitive automotive environment, it becomes imperative for any OEM to launch their products into the market in a short span of time & with a ‘First Time Right’ approach. Within the current scenario in the Automotive Industry, the selection of optimum set of hard points and wheel geometry often becomes an iterative or a trial-and-error process which is both time consuming and involves higher development cost as there may be instances where 2 to 3 sets of iterations are needed before specification is finalized for production. Through this paper, an attempt has been made to develop a methodology for deciding wheel geometry parameters (covered in the later section of this paper like Caster, Camber, Mechanical trail, etc.) [1, 2, 3, 4] for a three wheeled vehicle as a First Time Right (FTR) approach to cut down on conventional, expensive & time-consuming iterative approach.