Automobile retail sales rose nearly 18 per cent year-on-year to over 2.7 million units in January, led by continued post-GST momentum, healthy rural cash flows on the back of harvest and weddings, and sustained demand visibility across freight, dealer’s body Fada said on Tuesday. Overall retail sales last month grew to 27,22,558 units,…
Driven by a stellar show in the rural market, passenger vehicle retail sales for January zoomed 7.22 per cent to 513,475 units compared to the same month last year, said data shared by the Federation of Automobile Dealers Associations (Fada) on Tuesday. Overall, automobile retail sales, including passenger vehicles, too increased by…
FADA Data Released: The Federation of Automobile Dealers Associations (FADA) on Tuesday, February 10, released auto retail sales data for January, showing broad-based growth across segments. Two-wheelers led the momentum, posting a strong 20.82 per cent year-on-year (YoY) increase. Demand continued to remain India-centric, with rural markets accounting for around 56 per cent of sales,…