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Automobile retail sales in India dropped 8% in July because of this reason: Report
2 years, 4 months ago

Automobile retail sales in India dropped 8% in July because of this reason: Report

Hindustan Times  

Automobile retail sales in the country dropped 8% in July this year on lower registrations of passenger vehicles, two-wheelers and tractors. Last month, passenger vehicle retail sales witnessed a drop of 5% at 2,50,972 units compared to 2,63,238 units in the year-ago period. According to data released by the Federation of Automobile Dealers Associations on August 4, overall automobile sales …

India Fada Units Pti Retail Sales Gulati Passenger Vehicle
Auto sales fell 8% in July; 2-wheeler & PV sales dip 11% & 5% each
2 years, 4 months ago

Auto sales fell 8% in July; 2-wheeler & PV sales dip 11% & 5% each

Live Mint  

The total vehicle retail sales for the month of July 2022 saw a dip of 8% as compared with July 2021 and a drop of 20% when compared with July 2019, data from the Federation of Automobiles Dealers Association showed on Thursday. This was 5 per cent down compared to the 2,63,238 units sold in July 2021. while two-wheeler sales …

India Market Auto Sales Share Fada Units
Auto dealers' body expects more vehicle launches this festive season. Here's why
2 years, 5 months ago

Auto dealers' body expects more vehicle launches this festive season. Here's why

Hindustan Times  

Auto dealers' body FADA said it expects automakers to launch higher number of models this festive season compared to the last two years when Covid-19 pandemic overshadowed the festive cheer. Auto dealers' body FADA said it expects automakers to launch higher number of models this festive season Federation of Automobile Dealers' Association president Vinkesh Gulati had termed 2021 festive season …

Ice Auto Festive Fada Demand Season Vehicle
Indian Auto Industry Retail Likely to Log YoY Growth From April, 2021: FADA
3 years, 11 months ago

Indian Auto Industry Retail Likely to Log YoY Growth From April, 2021: FADA

News 18  

India’s pandemic-battered automobile retail segment is expected to log year-on-year growth only from April 2021, Federation of Automobile Dealers Associations’ President Vinkesh Gulati said. While the industry may continue to see MoM growth, we will definitely not see YoY growth or even similar numbers in the first quarter of CY21,” Gulati said. “Things may start looking good on a YoY …

India Growth Fada Yoy Gulati Yoy Growth
Festive Season Sequentially Lifts November Auto Retail Sales by 29.32 Percent
4 years ago

Festive Season Sequentially Lifts November Auto Retail Sales by 29.32 Percent

News 18  

The festive season boosted India’s automobile retail sales by 29.32 per cent in November on a sequential basis, industry data showed on Tuesday. Nevertheless, on a YoY basis, November retail sales declined by 19.29 per cent to 18,27,990 units from 22,64,947 units off-take during the like month of last year. “Automobile industry has seen one of the best recovery rates …

Sales Festive Season Fada Units Vehicle Cent Last Year
Passenger vehicle sales grow 10% in September
4 years, 2 months ago

Passenger vehicle sales grow 10% in September

Live Mint  

For the first time this fiscal, retail sales of passenger vehicles witnessed a year over year growth in September with PV retail volumes growing 10% YoY to 195,665 units, according to data from Federation of Automobile Dealers Associations. The jump in PV retail sales was due to multiple factors including opening up of the urban markets from covid-19 related restrictions, …

India Retail Sales Fada Units Vehicle Yoy