Auto News ALERT! SHARP JUMP - Vehicle retail sales up by 22%, PV by 43 % on YoY; recovery likely to be back on track by Navratri, Diwali, says FADA
The vehicle retail sales has seen a sharp jump in June 2021. Total vehicle retail sales for June 2021 saw a jump of 22 per cent in June as compared to June 2020 on a low base, as per the data by the Federation of Automobile Dealers Associations (FADA).
Two-wheeler retail was up by 17 per cent, three-vehicle by 22 per cent, while passengers sales figure on year-on-year basis surged by 43 per cent. Source: Reuters