NEW DELHI: Automobile retail sales rose 7% year-on-year in Jan to 22.9 lakh units, driven by robust demand across segments, dealer body Federation of Automobile Dealers Associations (FADA) said.“Our observations indicate that each vehicle category – 2-wheeler, 3-wheeler, passenger vehicles, tractor and commercial vehicles – witnessed positive momentum, pointing towards sustained consumer confidence and steady […]
Passenger vehicle inventory is expected to be normalised by the end of the financial year. According to the Federation Of Automobile Dealers Association (FADA), the passenger vehicle inventory in December was between 55 to 60 days. Normal passenger inventory with dealer’s is between 21 to 35 days. “Passenger vehicle inventory has reduced gradually from […]
NEW DELHI: Retail vehicle sales in November recorded a rise of 11.21 per cent, majorly due to strong demand for two-wheelers, according to the Federation of Automobile Dealers Associations (FADA). Sales totaled 3,208,719 units, compared to 2,885,317 units during the same month last year.Two-wheeler retail sales reached 2,615,953 units in November 2024, up from 2,258,970 […]
Heavy discounting and improved product availability are expected to help offset weak consumer sentiment and a general year-end lull for the passenger vehicle (PV) segment, while some customers are deferring purchases for new-year models, Federation of Automobile Dealers Associations (FADA), said on Monday. It also said that overall interest could increase due to aggressive offers […]
