PV retail sales rise 13% in Jan; elections to dampen CV demand in March quarter: FADA
However, long-term fundamentals remain positive, with expectations of a post-election rebound as underlying industries resume tender processes.
fada data on auto sales
February 2024
March 2023
December 2022
October 2022
Retail vehicle sales surge 16% YoY in Feb: FADA
The surge is boosted by the launch of new models, continuously improving supply coupled with a healthy booking-to-cancellation ratio, and the wedding season, according to FADA.
Retail passenger vehicle sales up 26% in Nov; second-highest on festive boost
In November, Maruti Suzuki grabbed the largest market share of 41.01% in the passenger vehicle segment and sold 1,23,409 units.
Auto sector kicks off festive season with 10% growth in PV sales
FADA says October will see auto retail on high grounds, with dealers anticipating the month to be the “best festive in a decade” for the PV segment.
