Vehicle News

“FY24 will be a year of consolidation for auto retail, overall single-digit growth expected” – FADA President

In March 2023, total vehicle retail experienced a 14% year-on-year increase while FY 2023 was the first full year without any impact of the pandemic The Federation of Automobile Dealers Associations (FADA) released vehicle retail data for March 2023 and FY 2023 in April. Commenting on how March 2023 performed, FADA President Manish Raj Singhania […]

Industry News

Vehicle sales up by 14% YoY in Jan’23, all segments register growth

The Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for January 2023, indicating that the total vehicle retail for January grew by 14% year-on-year (YoY). All categories were in green with two-wheelers, three-wheelers, passenger vehicles, tractors and commercial vehicles growing by 10%, 59%, 22%, 8% and 16%, respectively. While the two-wheeler segment […]