Retail sales of passenger vehicles grew last month but the sales of two-wheeler and commercial vehicles remained low compared to the pre-COVID month of May 2019, according to automobile dealers’ body FADA. On Monday, FADA said that overall auto retails stood at 16,46,773 units in May, down from 18,22,900 units in May 2019. “May 2022 […]
Tag: FADA India
Auto Retail Sales Grow 37 pc In April On Low COVID-Hit Base Effect
Automobile retail sales in India increased by 37 per cent in April on a low base of COVID-hit April last year, automobile dealers’ body FADA said on Thursday. Total sales across categories rose to 16,27,975 units in April, as compared to 11,87,771 units in the year-ago period. On a year-on-year basis, all vehicle categories including […]
Tata Motors Plans To Ramp Up EV Production As Demand Spikes
Tata Motors is looking to ramp up the production of electric vehicles as demand continues to outpace the manufacturing activity by a huge margin, according to a top company official. The Mumbai-based automaker, which led the passenger electric vehicle space in the domestic market in last fiscal year, has been receiving an average of 5,500-6,000 […]
Passenger Vehicle Retail Sales Dip 5 Pc In March To 2,71,358 Units: FADA
Domestic passenger vehicle retail sales in March declined by 4.87 per cent to 2,71,358 units, as compared to the same month last year, automobile dealers’ body FADA said on Tuesday. According to the Federation of Automobile Dealers Associations (FADA), PV sales stood at 2,85,240 units in March 2021. “Passenger vehicles continue to see high demand […]