Festive push: Auto retail sales up 32%

Quick Summary:

NEW DELHI: Spurred by festive spirits, retail sales of cars, two-wheelers and commercial vehicles saw 32% year-on-year growth in October to 28.

Two-wheeler sales increased 36% to 20.6 lakh units from 15.1 lakh units.

FADA said growth in Oct was largely driven by buoyancy in rural markets, which had a particularly positive impact on the sale of two-wheelers and passenger vehicles.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaFinlandIsrael

Topics: Auto retail sales up 32% Auto retail sales news Federation of Automobile Dealers' Association Auto retail sales Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 07:39:07 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 263 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23454569

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