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Automobile retail sales rise 9% in April-September period: FADA

12 Oct 2023 Evaluate

The Federation of Automobile Dealers Associations (FADA) in its latest report has showed that automobile retail sales in India rose by 9 per cent year on year in the April-September period of this fiscal to 1,10,79,116 units as compared with 1,01,79,072 units in the same period of the 2022-23 fiscal, on the back of highest-ever registrations of passenger vehicles and three-wheelers.

According to the report, passenger vehicle (PV) retail sales grew by 6 per cent to 18,08,311 units in the first half of the current fiscal as against 17,02,905 units in the year-ago period, while three-wheeler registrations rose 66 per cent to 5,33,353 units in the April-September period from 3,21,964 units in the same period last fiscal.

The report further noted that two-wheeler retail sales saw a jump of 7 per cent year on year to 78,28,015 units in the first half of the current financial year. Commercial vehicle sales rose to 4,65,097 units in the first half, up 3 per cent from 4,50,458 units in the year-ago period, while tractor registrations rose 14 per cent year on year to 4,44,340 units in the April-September period.


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