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Domestic automobile retail sales rise 10% in June
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Automobile dealers body Federation of Automobile Dealers Associations (FADA) in its latest report has showed that domestic automobile retail sales rose 10 per cent in June to 18,63,868 units from 17,01,105 units in the year-ago period, driven by sales growth across various segments, including passenger vehicles and two-wheelers.
As per the report, passenger vehicle retail sales increased 5 per cent to 2,95,299 units in June 2023 as against 2,81,811 units in June 2022, while two-wheeler sales climbed 7 per cent to 13,10,186 units last month as compared with 12,27,149 units in the same month last year.
The report also showed that three-wheeler sales surged 75 per cent to 86,511 units in June 2023 from 49,299 units in June last year. Tractor retail sales jumped 45 per cent year-on-year to 98,660 units while there was a marginal rise in sales of commercial vehicles at 73,212 units in June 2023 from 72,894 units in June 2022.
