Auto retail sales up 11.21% in Nov on two-wheeler demand: FADA

Retail sales of two-wheelers were at 26,15,953 units last month, as compared to 22,58,970 units in November 2023, a growth of 15.8%

NEW DELHI: Retail sales of vehicles across categories in India grew by 11.21 per cent at 32,08,719 units in November, as compared to 28,85,317 units in the same month last year, riding on two-wheeler demand, Federation of Automobile Dealers Associations (FADA) said on Monday.

Retail sales of two-wheelers were at 26,15,953 units last month, as compared to 22,58,970 units in November 2023, a growth of 15.8 per cent, buoyed by the festive spillover.

On the other hand, passenger vehicle (PV) retail was down 13.72 per cent at 3,21,943 units, as against 3,73,140 units in the year-ago month. The PV segment faced notable headwinds, FADA said in a statement.

"While November was initially expected to build on its prior momentum, particularly due to the marriage season, dealer feedback suggests that this segment underperformed overall expectations," FADA President, C S Vigneshwar said in a statement.

He further said, "although rural markets offered some support, primarily in the two-wheeler category, marriage-related sales remained subdued."