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FESTIVE AUTO RETAIL SALES SURGE BY 11.76%
The Business Guardian|November 17, 2024
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.
FESTIVE AUTO RETAIL SALES SURGE BY 11.76%

During the 42-day festive period from the start of Navratri to 15 days post-Dhanteras, a total of 42.88 lakh vehicles were registered.

The data reveals that two-wheeler 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.

This story is from the November 17, 2024 edition of The Business Guardian.

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FESTIVE AUTO RETAIL SALES SURGE BY 11.76%
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This story is from the November 17, 2024 edition of The Business Guardian.

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