Agencies Automotive companies are staring at a long road to delivery as open order books (as of February) range between 700,000 and 720,000 units, with waiting periods for some models stretching into more than a year. Maruti Suzuki India could only produce 700 units of the Ciaz, its midsize sedan, in February, leading to
Get latest articles and stories on Business at LatestLY. All categories also witnessed double-digit growth with 2-wheeler, 3-wheeler, passenger vehicle, tractor and commercial vehicles growing by 15 per cent, 81 per cent, 11 per cent, 14 per cent and 17 per cent, respectively, on year-on-year basis, according to the FADA statement released on Monday. Business News | Automobile Retail Sales in India Post 16 Pc Growth in February: FADA.
Automobile retail sales in India witnessed double-digit growth of 16 per cent in February, the Federation of Automobile Dealers Associations (FADA) said on Monday.
The sales of total vehicle retail grew 14 per cent to 18,26,669 units in January from 16,08,505 units in the corresponding month of 2022, the Federation of Automobile Dealers Associations (FADA) said on Monday.