Vehicle retail sales grow 27 percent in June: FADA

The retail sales numbers for all categories of vehicles for June, as announced by the Federation of automobile dealers associations (FADA), shows that  industry clocked 1,550,855 units last month (June 2021: 1,219,657), and registered a year-on-year (YoY) growth of 27.16 percent.

The industry’s quarterly performance was also in sync and recorded a notable 64 percent uptick. Retail sales across vehicle categories were pegged at 4,832,955 units between April and June 2022, as against 2,944,237 units in Q1 of FY22. However, there’s an 8 percent decline when compared to the pre-Covid levels of 5,260,403 units clocked in Q1 FY20.