FADA reports that retail sales for automobiles in India were at an all-time high, with 28.54 lakh vehicles sold, surpassing 25.69 lakh vehicles sold in March 2020, when the industry transitioned from BS4 to BS6.
The company witnessed an increase in numbers due to the festive season registering a growth of 20 per cent compared to the corresponding month last year
In October 2023, the auto sector’s total sales stood at 23,62,534 units, a year-on-year growth of 20 per cent compared to 19,68,938 units sold in October 2022.