The first half of October 2023, marked by the Shraddh period when people largely stay away from big-ticket purchases, saw an 8 per cent YoY decline in vehicle sales, which has likely suppressed the overall monthly figures.
All categories also witnessed double-digit growth with 2-wheeler, 3-wheeler, passenger vehicle, tractor and commercial vehicles growing by 15 per cent, 81 per cent, 11 per cent, 14 per cent and 17 per cent, respectively, on year-on-year basis, according to the FADA statement released on Mond
New Delhi [India], January 5 (ANI): December discounts failed to boost retail sales of automobiles. Sales of two wheelers, passenger vehicles and tractors fell by 20 per cent, 11 per cent and 10 per cent respectively, in December 2021 year-on-year, according to the Federation of Automobile D
Mumbai (Maharashtra) [India], Oct 28 (ANI): Automobile retail sales are likely to pick up with an improvement in consumer sentiment during the ongoing festive season due to recent liquidity easing measures announced by the government and on back of favourable monsoons, according to India Rat