Industry News

Auto retail in full throttle: 2023 records impressive 11% YoY surge

The vehicle retail data for Dec’23 and CY’23 released by the Federation of Automobile Dealers Associations (FADA) indicates that December 2023 witnessed a 21% YoY growth in auto retail. All categories reported positive growth: 2W by 28%, 3W by 36%, PV by 3%, Tractors (Trac) by 0.2%, and Commercial Vehicles (CV) by 1.3%. CY’23 Auto […]

Industry News

August’s Auto Retail Landscape Shows Resilient Growth

The Federation of Automobile Dealers Associations (FADA) has released Vehicle Retail Data for August 2023. During the month, the automotive retail sector exhibited a strong year-over-year (YoY) growth of 9%, though slightly lower than previously reported figures. This uptick was consistent across multiple vehicle categories, with a 6% increase in 2-wheelers (2W), a 6.5% increase […]