The Federation of Automobile Dealers Associations (FADA) has released the vehicle retail data for June’23, revealing positive trends in the auto retail industry. Auto retail sales in June demonstrated a 10% year-on-year (YoY) growth, showcasing positive performances across all vehicle categories, including 2W, 3W, PV, Tractor, and CV. The respective growth rates for these categories […]
Tag: three-wheelers
Piaggio partners with CSC Special Purpose Vehicle to expand three-wheeler business network
Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian Piaggio Group and India’s leading manufacturer of small commercial vehicles announced partnership with Common Service Centres (CSC) Special Purpose Vehicle to expand its three-wheeler business network through Village Level Entrepreneurs (VLE). Speaking about the partnership, Mr. Diego Graffi, Chairman and MD, Piaggio Vehicles Pvt […]
Shell India launches engine oil for three-wheelers
A Multi-Fuel Engine Oil with Active Cleansing Technology Speaking at the launch, Ms. Debanjali Sengupta, Country Head, Shell Lubricants India, said, “At Shell, we believe in a glocal approach, where we bring the best of our global knowledge and resources to curate indigenous offerings in line with local customer needs. Our three-wheeler engine oil is […]
FADA remains cautious on further recovery in vehicle sales
Automotive retail has still not recovered from the jitters of the pandemic. When compared with May 2019, total vehicle retail was down by -10%. Except PV and tractor which continues to show growth of 11% and 33%, all the other categories like 2W, 3W and CV fell by -14%, -19% and -11%, respectively The Federation […]
Slight recovery likely in near term: FADA
While the automobile sector is yet to shrug off the effects of the pandemic, all categories were in green and two-wheelers, three-wheelers, commercial vehicles and passenger vehicles as well as tractors were up by 38%, 96%, 25% and 26%, respectively The Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for April 2022, […]