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Business News | India Auto Retail Sales Up 15% in January but High Inventory Remains a Concern

Get latest articles and stories on Business at LatestLY. Retail vehicle sales across India saw strong growth across all vehicle categories this January, with the overall market expanding by 15 per cent. Business News | India Auto Retail Sales Up 15% in January but High Inventory Remains a Concern.

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Auto sales India: India s auto retails rise 15% in Jan riding record PVsales; a tough Q4 awaits for CVs: FADA

According to data from FADA, the overall auto retail market in India grew by 15% YoY in January. The two-wheeler, three-wheeler, passenger vehicle, and tractor segments witnessed YoY growth of 15%, 37%, 13%, and 21%, respectively. However, commercial vehicles (CVs) only saw a 0.1% growth due to factors like extreme weather, tightened liquidity, high vehicle costs, and more restricted financing.

Lok sabhaManish raj singhaniaFederation of automobile dealers associationsAutomobile dealers associationsAuto sales indiaFada sales dataPv sales indiaCv sales india2w sales indiaAuto stocksAuto retail market

Retail sales of automobiles witnessed 15% spike in January: FADA

The strong performance was supported by SUV demand, the introduction of new models, greater availability, effective marketing, consumer schemes, and the auspicious wedding season.

Manish raj singhaniaFederation of automobile dealers associationsAutomobile dealers associationsManish rajOnboard diagnostic

Cautious optimism for auto retail sector in Feb

The February outlook for the automobile industry leans toward cautious optimism with growth potential, said the Federation of Automobile Dealers Associations (FADA).According to FADA, though last month the industry logged good growth, there are .

Tamil naduManish raj singhaniaFederation of automobile dealers associationsAutomobile dealers associationsIndustry outlook

Record-breaking SUV sales and wedding season boost PV retail numbers in January, says FADA

Record-breaking SUV sales and wedding season boost PV retail numbers in January, says FADA
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