Manish Raj Singhania, President, FADA, says “immediately after the election, we saw a big spike in PV retails. So, though during the elections, we will see a slight dip, but what we saw in the Vidhan Sabha elections will definitely be replicated in the Lok Sabha election. Post election, we can expect a big spike … Read more
Auto retails in March registered a growth of 3.14 per cent on a year-on-year basis even as passenger vehicles, commercial vehicles and tractors saw a decline, Federation of Automobile Dealers Associations (FADA) said on Monday. With the expiration of FAME-II subsidy on March 31, e-2W sales rose, with the category seeing a market share bump … Read more
Vehicle registrations – a proxy for retail sales – increased in healthy double-digits by 13% to over two million units last month amid better supplies and sustained consumer demand across rural and urban markets. As many as 2,029,541 vehicles were sold last month, which is an increase of 13% over 1,794,866 units sold in February … Read more
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
