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India s overall auto sales in September increased by 20% compared to the previous year. The two-wheeler and three-wheeler categories also saw new records. The 2W category had a 22% increase, while the 3W category had a 49% increase. However, tractor sales decreased by 10%. The sales growth is attributed to the upcoming festive season, the introduction of new models, attractive promotional offers, and increased demand in rural areas. This positive trend is seen as a potential turnaround in the rural market. ....
India Auto Sales: "September s Auto Retail celebrated a 20% YoY leap, continuing the momentum from the previous month while marking a 3.5% MoM increase, seamlessly transitioning into the festive period s sweet spot set to unfold over the next 42 days," said FADA President Manish Raj Singhania. ....
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The domestic two-wheeler industry saw total sales of 14,97,021 motorcycles and scooters in the domestic market in October 2022, as against 14,77,335 units in October 2021. ....