May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA
Auto retails in the month of May dropped 5.28 per cent on a monthly basis as showrooms saw lower footfall due to prevailing heatwave, lack of new models and the …
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car loans: SBI changes gears, links car dealer commissions to their performance
In a first for the bank, State Bank of India, the country’s largest lender, is set to link the commission it pays to car dealers, for sourcing loans, to sales …
Election uncertainty could hurt Indian auto sales in May, dealers’ body says
Uncertainty around the ongoing elections in India could hurt automakers’ sales in May despite rising consumer interest for new model launches, a dealers’ body said on Wednesday. The world’s most …
Auto sales April: India’s April auto sales rise 27% even as election uncertainty affects consumer sentiment: FADA
The auto retail sector in India registered a growth of 27 per cent on an annual basis in April, driven by stable fuel prices and new model launches even as …
Vehicle registrations rise by a modest 3% in March
Vehicle registrations – a proxy for retail sales – went up by a modest 3% last month to 2.13 million units due to subdued demand during the inauspicious period of …
auto sector: Expect PV sales to spike after Lok Sabha elections: Manish Raj Singhania, FADA
Manish Raj Singhania, President, FADA, says “immediately after the election, we saw a big spike in PV retails. So, though during the elections, we will see a slight dip, but …
Auto sales India: Auto sales grow 3.1% in March, PVs and CVs fall 6% each ahead of Lok Sabha elections: FADA
Auto retails in March registered a growth of 3.14 per cent on a year-on-year basis even as passenger vehicles, commercial vehicles and tractors saw a decline, Federation of Automobile Dealers …
Vehicle registrations increase by 13% to two million units in February, according to FADA
Vehicle registrations – a proxy for retail sales – increased in healthy double-digits by 13% to over two million units last month amid better supplies and sustained consumer demand across …
Vehicle retail sales in India surge 21.14% in December, two-wheeler segment leads growth
As many as 1,990,915 vehicles were retailed last month, which is a growth of 21.14% over 1,643,514 units sold in the same period a year earlier, shows data collated from …
FADA: Auto retails jump 21% in December; CY23 growth in double digits: FADA
Automobile retail sales saw a growth of 21 per cent year-on-year in the month of December, Federation of Automobile Dealers Associations (FADA) data showed on Monday. All sectors experienced favourable …