India Auto Inc clocks 11% retail growth, 1.46m units in festive September
The real-world sales story is looking good with all-round growth for all vehicle segments, other than tractors.
10 Jan 2023
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The Federation of Automobile Dealers Associations (FADA) today released the all-India retail sales numbers for September 2022 and the data reveals that the industry is poised to record sustained growth going ahead.
With 1.46 million units (14,64,001) sold last month across the two-, three-wheelers, passenger vehicles, commercial vehicles and tractor segments, India Auto Inc has notched good double-digit growth of 11% over September 2021’s 13,19,647 units. Except for tractors, which is down by 1.5%, all other categories are in positive territory – two-wheelers (9%), three-wheelers (72%), passenger vehicles (10%) and commercial vehicles (19%).
When last month’s retails ...
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