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Auto retail sales in fast lane in November 2023 buoyed by robust PV and 2W demand

November 2023 saw an overall growth of 18 percent YoY in total retail sales. The two-wheeler, three-wheeler, and passenger vehicle categories recorded impressive YoY growth rates of 21 percent, 23 percent, and 17 percent, respectively. ....

Manish Raj Singhania , Eicher Motors , Federation Of Automobile Dealers Associations , Bajaj Auto , Automobile Dealers Associations , Breaking Performance , Passenger Vehicles , Hero Moto , Original Equipment Manufacturers , Vehicle Sales , Ovember Vehicle Sales , Auto Retails , Federation Of Automobile Dealers Associations , November Sales ,

Passenger vehicle retail sales down by 1.36% in October, onus on "shraddh period" says FADA

Indian passenger vehicle retail sales decreased to 353,990 units in October. Meanwhile, wholesale numbers reached a historic high of 391,472 units, marking a 16.3 percent YoY increase, attributed to strong demand ahead of Diwali and new model launches. ....

Manish Raj Singhania , Federation Of Automobile Dealers Associations , Automobile Dealers Associations , Indian Auto Retail , Auto Retails , Federation Of Automobile Dealers Associations , October Sales ,

Auto retail in Navratri grow 18%, near-term outlook remains mixed: FADA, ET Auto

FADA Results For October: The first half of October 2023, marked by the Shraddh period, saw an 8% YoY decline. However, a MoM comparison reveals a 13% surge, indicative of resilient market demand. Navratri 23 brought unprecedented sales to auto retail, surpassing the previous high of Navratri 17. YoY figures for this period show a robust 18% increase in overall auto retail, FADA said. ....

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