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.
Nov 2023 Auto Sales: “November 2023 has become a historic month for the Indian Auto Retail Industry as during the month, 28.54 lakh vehicles were sold, thus overtaking the previous highs of March 2020 when the industry sold 25.69 lakh vehicles during the BS-4 to BS-6 transition,” Manish Raj Singhania, president of FADA, said
Fada Auto Sales Report: Compared to pre-COVID levels, there was a modest 0.8% improvement, led by two-wheelers in the month. There was also a 9% YoY growth indicating a shift in short-term trends, FADA said.
FADA releases July'23 Vehicle Retail Data adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
FADA releases November'22 vehicle retail data adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.