On Thursday, the Federation of Automobile Dealers Associations released Vehicle Retail Data for February 2024. According to the FADA data, Indian Auto Retail experienced a robust 13 per cent growth in February 2024 across all vehicle categories. 2 Wheeler, 3 Wheeler, PV, Tractors and CV sectors registered growth rates of 13 per cent, 24 per […]
Retail vehicle sales across India saw strong growth across all vehicle categories this January, with the overall market expanding by 15 per cent. Two-wheelers (2W) sales grew 15 per cent, followed by three-wheelers (3W) at 37 per cent, passenger vehicles (PV) at 13 per cent, tractors at 21 per cent and commercial vehicles (CV) at […]
The automotive industry anticipates growth of six to nine per cent in FY2024, according to rating agency Icra, which attributes it to consistent industry demand. However, the sector is still on the lookout for possible supply chain hiccups and the effects of rising ownership costs on retail. In December 2023, the domestic wholesale volumes of […]
FADA reveals the vehicle retail data for December 2023 and the anticipated automotive sector performance in 2024, segment-wise. In the 2W category, key drivers included an abundance of marriage dates and the distribution of harvest payments to farmers, which enhanced purchasing power. Additionally, the availability of a wide range of models and variants, coupled with […]
Vehicle retail data during the 42-day festive period of FY2023 increased 19 per cent to Rs 37.95 lakh, according to the FADA’s recent data. “During the 42-day festive period of FY2023 (which starts on 1st day of Navratri and ends 15 days post Dhanteras), we reached a new milestone with vehicle sales climbing to 37.93 […]
Retail vehicle sales across India declined around 8 per cent year-on-year in the festive month of October, data released by the Federation of Automobile Dealers Associations (FADA) showed on Monday. The first half of October 2023, marked by the Shraddh period when people largely stay away from big-ticket purchases, saw an 8 per cent YoY […]
Electric passenger vehicle market share doubled in March 2023. According to the Federation of Automobile Dealers Association (FADA), the year-on-year (YoY) market share of electric passenger vehicles has doubled to 2.6 per cent in March, against 1.3 per cent in March 2022. FADA is the apex national body of the automobile retail industry in India […]
Automobile retail sales in India witnessed double-digit growth of 16 per cent in February, the Federation of Automobile Dealers Associations (FADA) said on Monday. All categories also witnessed double-digit growth with 2-wheeler, 3-wheeler, passenger vehicle, tractor and commercial vehicles growing by 15 per cent, 81 per cent, 11 per cent, 14 per cent and 17 […]
The sales of total vehicle retail grew 14 per cent to 18,26,669 units in January from 16,08,505 units in the corresponding month of 2022, the Federation of Automobile Dealers Associations (FADA) said on Monday. According to FADA, passenger vehicles (PV) grew 21.92 per cent to 3,40,220 units in January 2023, against 2,79,050 during the same […]
