heatwave impact

India auto sales: Auto sales muted as extreme heatwave cools demand in July

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India auto sales: Auto sales muted as extreme heatwave cools demand in July

Vehicle registrations – a proxy for retail sales – were largely flat last month as extreme heatwave in several parts of the country impacted retail sales. According to data collated by industry body Federation of Automobile Dealers’ Association (FADA), as many as 1,895,552 vehicles were registered last month, which is a marginal increase of 0.73% … Read more

Footfalls at auto dealers fall in June, so do RTO registrations

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Footfalls at auto dealers fall in June, so do RTO registrations

New Delhi: Vehicle registrations – a proxy for retail sales – were largely flat last month as heatwave conditions in several parts of the country forced potential buyers to defer their purchases. Data collated by industry body Federation of Automobile Dealers Associations (FADA) showed as many as 1,895,552 vehicles were registered last month, a 0.73% … Read more