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Auto retail sales dip 5% in December after two-month cruising: FADA

The Indian auto industry's domestic PV sales in December 2022 were 276,000 units, 8.3 per cent higher than in December 2021, according to company numbers

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Shine Jacob Chennai
Automotive (auto) retail sales in India saw a 5 per cent dip in December 2022 after a two-month good run, mainly due to a 11 per cent decline in two-wheeler sales, reveals data released by the Federation of Automobile Dealers Associations (FADA). The downer comes at a time when FADA’s wholesale numbers revealed better figures earlier this month.

Other than two-wheelers, FADA numbers showed all other categories being in the green in December, with three-wheeler, passenger vehicle (PV), tractor, and commercial vehicle during the same period posting growth of 42 per cent, 8 per cent, 5 per cent, and 11