Auto retails grow 21% in Dec 2023; CY2023 growth at 11%; outlook remains positive: FADA, ET Auto

Auto Retail: In December 2023 categories closed in green, with 2W, 3W, PV, Trac and CV growing on a YoY basis by 28%, 36%, 3%, 0.2% and 1.3% respectively. CY'23 ended with double-digit growth as total retails increased by 11% YoY. All categories closed in green, with 2W, 3W, PV, Trac and CV growing on a YoY basis by 9.5%, 58.5%, 11%, 7% and 8% respectively, according to FADA.

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