FADA urges two-wheeler makers to boost customer sentiment

India’s retail sales for FY22 saw an increase of 7 percent with 16,375,799 units sold as compared to 15.27 million units for FY21. However, in comparison to the pre-Covid fiscal 2019, overall sales were down 25 percent.

For March 2022, sales across two-wheeler, passenger vehicles and tractors saw year-on-year declines largely due to a slowdown in rural areas.

Vinkesh Gulati, president, Federation of Automobile Dealers Association (FADA) said, “The auto industry sales in March  2022 fell by 3 percent and 30 percent respectively when compared to March 2020 when the industry transitioned from BS IV to ...