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Total vehicle retail sales in India witnesses 32% rise in October 2024: FADA Federation of Automobile Dealers' Association (FADA) has said that the total vehicle retail sales in India witnessed a 32 per cent on-year rise in October 2024 to 28,32,944 units with all segments including two-wheelers and passenger vehicles registering strong growth. It said the total vehicle retail sales in October 2023 stood at 21,43,929 units. The strong growth in October this year was largely driven by the rural market, especially boosting two-wheeler and passenger vehicles sales, s...
Total vehicle retail sales in India witnesses 32% rise in October 2024: FADA
Total vehicle retail sales in India witnesses 32% rise in October 2024: FADA
Source: Accord Fintech
2024-11-07 11:23:12 am
India`s retail car sales jump 32% in Oct, inventory levels remain high Indian dealers' car sales increased 32.4% in October, helped by festive demand, especially for sports utility vehicles (SUV), as well as new model launches and offers, but inventory levels remained high, a dealers' association said on Wednesday. Sales by dealers to customers rose to 483,159 units in the month from 364,991 units last year, according to data from the Federation of Automobile Dealers Association (FADA). This year, the festival season -- an auspicious time during wh...
India`s retail car sales jump 32% in Oct, inventory levels remain high
India`s retail car sales jump 32% in Oct, inventory levels remain high
Source: Reuters
2024-11-06 02:32:44 pm
Indian auto retail sales up 6.5 pc in April-Sep, rural markets to spur demand  Led by robust two-wheeler (2W) retail sales, the Indian automobile market saw 6.55 per cent growth (year-on-year) in the first six month of current fiscal (FY25), as rural markets are set to spur demand going forward, a report showed on Monday.  The Federation of Automobile Dealers Associations (FADA) said that the April-September period saw 9.08 per cent sales growth in 2W, 7.58 per cent in 3W and 1.07 per cent in passenger vehicles (PVs). However, consumer vehicles (CV) and...
Indian auto retail sales up 6.5 pc in April-Sep, rural markets to spur demand
Indian auto retail sales up 6.5 pc in April-Sep, rural markets to spur demand
Source: IANS
2024-10-07 10:50:59 am
Passenger vehicle retail sales in India witness 5% decline in August 2024: FADA Federation of Automobile Dealers Associations (FADA) in its latest data has showed that passenger vehicle retail sales in India witnessed a 5 per cent on-year decline in August 2024 on account of delayed customer purchases, poor consumer sentiment and persistent heavy rains. The overall passenger vehicle (PV) registrations in August 2024 stood at 3,09,053 units, as compared to 3,23,720 units in August 2023.  According to the data, commercial vehicle registrations saw a 6 per cent year...
Passenger vehicle retail sales in India witness 5% decline in August 2024: FADA
Passenger vehicle retail sales in India witness 5% decline in August 2024: FADA
Source: Accord Fintech
2024-09-05 12:18:20 pm
Automobile sales clock 9 pc growth in April-June quarter The retail sales of automobiles in the country registered a 9 per cent growth in the April-June quarter of the financial year 2024-25, compared to the same period last year, according to figures compiled by the Federation of Automobile Dealers Associations (FADA). Overall retail sales of automobiles increased to 61,91,225 units during the April-June period this year from 56,59,060 units in the same quarter last year. The retail sales of passenger vehicles that include cars and SUVs, ros...
Automobile sales clock 9 pc growth in April-June quarter
Automobile sales clock 9 pc growth in April-June quarter
Source: IANS
2024-07-16 12:37:14 pm
India`s retail car sales drop in May as elections, weather delay purchases Retail sales of cars in India fell 1% in May, tracking slowing wholesale growth, as elections and extreme heat across the country dampened demand and delayed purchase decisions, a dealers' body said on Monday. Sales growth in two-wheelers slowed to 2.6% in May from 33% in April, said the Federation of Automobile Dealers Association (FADA), which tracks monthly retail sales from dealers to buyers. Overall retail sales across segments, which include two-wheelers and commercial vehicle...
India`s retail car sales drop in May as elections, weather delay purchases
India`s retail car sales drop in May as elections, weather delay purchases
Source: Reuters
2024-06-10 11:53:04 am
Indian Auto Retail sector achieves modest 2.61% YoY growth in May: FADA Federation of Automobile Dealers Association (FADA) has stated that the Indian Auto Retail sector achieved a modest 2.61% year-on-year (YoY) growth in May 2024. Sales of two-wheeler (2W) increased 2.5% YoY, three-wheeler (3W) rose 20% and commercial vehicle (CV) segment grew 4%, while passenger vehicles (PV) and tractor segment both saw a contraction of 1% each YoY. It noted that the two-wheeler segment grew by 2.5% YoY but declined by 6.6% MoM. Dealers reported supply constraints, lack of OE...
Indian Auto Retail sector achieves modest 2.61% YoY growth in May: FADA
Indian Auto Retail sector achieves modest 2.61% YoY growth in May: FADA
Source: Accord Fintech
2024-06-10 11:45:57 am
Indian auto retail sector records 27% YoY growth in April: FADA Federation of Automobile Dealers Association (FADA) has stated that the Indian auto retail sector recorded a robust 27% year-on-year (YoY) growth in April 2024, with the combined March-April period showing a 14% YoY increase. It noted that two-wheeler sales picked up 33% on-year, while three-wheeler sales increased 9% on-year. Tractors also grew 1% YoY and commercial vehicles experienced a modest growth of 2% on year. The passenger vehicle (PV) segment achieved a 16% on-year growth. Accord...
Indian auto retail sector records 27% YoY growth in April: FADA
Indian auto retail sector records 27% YoY growth in April: FADA
Source: Accord Fintech
2024-05-08 11:30:48 am