Auto retail sales in India rise 7% in January, PV sales jump 16%, says FADA

Automobile retail sales in India rose 7% year-on-year in January at 22,91,621 units, driven by robust demand across segments, dealer’s body FADA said on Thursday. Overall retail sales stood at 21,49,117 units in January 2024. “Our observations indicate that each vehicle category –2W, 3W, PV, tractor and CV– witnessed positive momentum, pointing toward sustained consumer … Read more