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Automotive retail shows 9% growth in August with strong recovery signs: FADA
source link: https://nextbigwhat.com/automotive-retail-shows-9-growth-in-august-with-strong-recovery-signs-fada/
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Automotive retail shows 9% growth in August with strong recovery signs: FADA
- A 9% YoY growth was observed in auto retail, with different vehicle categories experiencing increments.
- Private vehicle sales stood at 3.15 lakh units in August, with Maruti Suzuki India Ltd topping the list.
- Despite increased inventory and supply chain issues, FADA remains ‘cautiously optimistic’, driven by various factors across vehicle segments.
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