Automobile retail sales grow 12% to 42.88 lakh units in festive period: FADA
Federation of Automobile Dealers Associations (FADA) has said that automobile retail sales in India rose 12 per cent year-on-year to 42,88,248 units in the 42-day-long festive period this year. The overall automotive registrations in the festive period of the last year stood at 38,37,040 units.
FADA said passenger vehicle retail increased by 7 per cent to 6,03,009 units in the festive period this year against 5,63,059 units in the same period last year. Two-wheeler registrations increased 14 per cent year-on-year to 33,11,325 units in the 42-day period this year compared to 29,10,141 units last year.
On the other hand, it said three-wheeler sales increased 7 per cent to 1,59,960 units in the festive period this year. However, tractor sales declined 2 per cent year-on-year to 85,216 units from 86,640 units in the year-ago period.