Vehicle registrations – a proxy for retail sales – declined by 8% last month with customers deferring deliveries during the inauspicious ‘shraddh period’, however, buyer sentiments remain strong in the ongoing festive season. According to data collated by Federation of Automobile Dealers Association (FADA), 2,117,596 vehicles were registered last month, which is a decline of …
New Delhi: Vehicle registrations in India – a proxy for retail sales – increased by 20% from a year earlier in September signalling continued demand momentum in the domestic market. The September performance has brightened prospects of accelerated sales this month which will be witness to the key festivals of Navratri and Durga Puja, followed …
India’s overall auto sales in August registered an annual growth of 9 per cent, marginally lower than previously reported figures, said the Federation of Automobile Dealers Association (FADA) on Tuesday. The uptick was consistent across multiple vehicle categories, with 2W seeing a 6 per cent increase, PV at 6.5 per cent, Trac rising 14 per …
Vehicle registrations – a proxy for retail sales – rose 9% to 1,818,647 units last month on healthy customer demand in the run-up to the festive season. The Federation of Automobile Dealers Association (FADA) is cautiously optimistic of momentum sustaining on the back of new vehicle launches and early signs of revival in rural markets. …
Image Source : AP Production activity going on in a factory India’s auto retail sales witnessed a 10% annual growth in July, according to the Federation of Automobile Dealers Associations (FADA). This growth was driven by strong sales in the passenger vehicle, bike, and commercial vehicle segments. FADA reported a total of 1,770,181 units of …