auto retails

Fada: September auto retails down 9.26% on heavy rainfall, weak sentiments

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Fada: September auto retails down 9.26% on heavy rainfall, weak sentiments

Weak consumer sentiments and above-normal rainfall dampened retail sales of passenger vehicles, two-wheelers and commercial vehicles in September, pulling the overall sales to customers down 9.26% year on year to 1,723,330 units, Federation of Automobile Dealership Associations (Fada) said on Monday. While the passenger vehicle retails have been on a decline for some months now, … Read more

May auto retails impacted by heatwave and elections, dip 5.3% MoM: FADA

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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 now-concluded Lok Sabha elections, auto body FADA said on Monday. However, they saw a rise of 2.6 per cent on an annual basis.Sales of two-wheelers … Read more