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FESTIVE AUTO RETAIL SALES SURGE BY 11.76%
The Sunday Guardian
|November 17, 2024
NEW DELHI According to the Federation of Automobile Dealers Associations (FADA), automobile retail demand during this year's festive season surged, with sales growing at 11.76 percent over last year's 38.37 lakh units.
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During the 42-day festive period from the start of Navratri to 15 days postDhanteras, a total of 42.88 lakh vehicles were registered.
The data reveals that twowheeler sales were particularly robust, registering a 13.79 per cent growth to reach 33.11 lakh units, largely driven by strong rural demand.
During this year's festive season, passenger vehicles also rebounded significantly after a slow start earlier in the year. The segment saw a 7.10 per cent, with 6.03 lakh units sold, fuelled by pent-up demand and heavy discounts rolled out during the festive period.
Cette histoire est tirée de l'édition November 17, 2024 de The Sunday Guardian.
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