Agencies
Automobile retail sales in India rose 13 per cent year on year in February with all the segments, including passenger vehicles and two-wheelers, witnessing robust offtake, dealers’ body FADA said on Thursday.
Overall retail sales stood at 20,29,541 units last month as compared to 17,94,866 units in the year-ago period. Passenger vehicle sales grew 12 per cent to 3,30,107 units last month as against 2,93,803 units in February 2023.
“Passenger vehicles saw the highest sales figures ever recorded for the month of February. “This upward trajectory was propelled by the strategic introduction of new products and enhanced vehicle availability,” the Federation of Automobile Dealers Associations (FADA) president Manish Raj Singhania said in a statement. Two-wheeler sales stood at 14,39,523 units, up 13 per cent, as compared to 12,71,073 units in the same period last year.
