Automobile retail sales rise 9% in June quarter, PV sales up 2.53%: Fada

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Automobile retail sales rise 9% in June quarter, PV sales up 2.53%: Fada - Business Standard

Quick Summary:

Automobile retail sales increased 9 per cent year-on-year in June quarter FY25 with all segments, barring tractors, reporting growth, dealers' body FADA said on Monday.

"Despite strong bookings and customer flow, high competition, excess supply and discounting presented challenges for sustained growth in the PV segment," FADA President Manish Raj Singhania said in a statement.

Overall retail sales rose to 61,91,225 units in the April-June period from 56,59,060 units in the same quarter of FY24.