Vehicle retail sales grow 27 percent in June: FADA
June retail sales show demand stability and signs of recovery across vehicle categories in Indian automobile sector.
Ajit Dalvi
09 Jul 2022
Increased availability of EVs across segments, high petrol, diesel and CNG prices, state subsidies and sops under FAME II and also growing consumer awareness for eco-friendly transport are driving growth.
Read moreJune retail sales show demand stability and signs of recovery across vehicle categories in Indian automobile sector.
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With estimated sales of over 800,000 units in April-June, the best yet since Q1 FY2019, the Indian passenger vehicle i...
UV sales in the month dipped 8 percent as compared to the April 2022 numbers, said SIAM
Supply chain constraints and geopolitical instability will cast a shadow on availability whereas rising inflation and ...
Scale up, re-invent and collaborate to stay relevant are retail’s new mantra.
May brought some visible relief for motorists with the government lowering excise duties on traditional fuels.
Lower excise duties on fuel and schools re-opening have improved buyer sentiments. However, higher TP insurance premia...