Passenger Vehicle

FADA: Auto retails jump 21% in December; CY23 growth in double digits: FADA

by
FADA: Auto retails jump 21% in December; CY23 growth in double digits: FADA

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

india: India’s passenger vehicle sales set to gain further momentum

by
india: India’s passenger vehicle sales set to gain further momentum

Passenger vehicles sales in India have been on a steady growth path since FY22 and are expected to close the ongoing fiscal with 6-8% growth. A growing middle class, an increase in disposable incomes and a low penetration ratio have been fuelling the growth, finds out Shally Seth Mohile. Why do passenger vehicle sales in … Read more