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
Motorcycle and scooter sales in India likely grew in double-digits in the financial year 2023-24, crossing pre-Covid levels, buoyed by sustained revival in demand in both urban and rural markets. Industry estimates show domestic two-wheeler sales rose about 13% to 18.4-18.5 million units in FY24. Petrol-powered models comprised more than 95% of the total sales … Read more
Passenger vehicle wholesales in India rose 11 per cent year-on-year in February, as sports utility vehicles continued to steer demand in the market, industry body SIAM said on Tuesday. The total passenger vehicle dispatches to dealers last month stood at 3,70,786 units, as compared to 3,34,790 units in the year-ago period. “Passenger vehicles again reported … Read more
As per data collated by Federation of Automobile Dealers Association (FADA) from the VAHAN portal of the Ministry of Road, Transport and Highways (MoRTH) as many as 2,127,653 vehicles were registered last month, compared to 1,849,691 units in the same period last year. With rural markets on a recovery mode, vehicle retailers are optimistic of … 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
