As many as 1,990,915 vehicles were retailed last month, which is a growth of 21.14% over 1,643,514 units sold in the same period a year earlier, shows data collated from the VAHAN portal of the Ministry of Road, Transport & Highways (MoRTH) by the Federation of Automobile Dealers Association (FADA). Manish Raj Singhania, President, FADA, … Read more
Automobile retail sales saw a growth of 21 per cent year-on-year in the month of December, Federation of Automobile Dealers Associations (FADA) data showed on Monday. All sectors experienced favourable expansion, showcasing robust performance. Notably, two-wheeler (2W) sales surged by 28 per cent, three-wheeler (3W) sales demonstrated a growth of 36 per cent, and passenger … Read more
Passenger vehicle (PV) makers are estimated to have taken a sharp correction in dispatches to dealers in December, indicating that sales in Asia’s third largest auto market are beginning to lose steam. Easing of demand post festivals that had pushed up inventory coupled with last year’s high base impact nudged automakers to cut dispatches. December … Read more
