‘Automobile retail sales see double-digit growth in FY23’
1 year, 8 months ago

‘Automobile retail sales see double-digit growth in FY23’

The Hindu  

Automobile retail sales grew in double-digits in the country last fiscal, driven by a record offtake of 36 lakh passenger vehicles, the Federation of Automobile Dealers Associations said on Tuesday. Total retail sales rose to 2,21,50,222 units last fiscal, up 21% from 1,83,27,326 units in FY22. He noted that last fiscal the retail sales of passenger vehicles reached a record high of 36 lakh vehicles, a growth of 23% as compared with FY22. Two-wheeler retail sales rose to 14,45,867 in March, up 12% from 12,86,109 units in the year-ago period.

History of this topic

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