Record PV, 3W retail sales aid overall auto sector to post 9 pc growth in Apr-Sep: FADA




Automobile retail sales in India rose by 9 per cent year on year in the April-September period of this fiscal riding on the back of highest-ever registrations of passenger vehicles and three-wheelers, dealers' body FADA said on Wednesday. Overall registrations in the April-September period this fiscal rose to 1.10 crore units (1,10,79,116 units) as compared with 1.01 crore units (1,01,79,072 units) in the same period of the 2022-23 fiscal.

"The narrative of H1 FY24 is one of resilience and recovery, with the total auto retail registering a 9 per cent growth year on year," the Federation of Automobile Dealers Associations (FADA) President Manish Raj Singhania said in a statement.

Comments