Automobile retail sales rise 11% in Sep on festive fervour, better supplies ...Middle East

Business Standard - Economy
Automobile retail sales in India rose 11 per cent in September as better supplies from manufacturers enabled dealers to ramp up customer deliveries amid the ongoing festive period, Federation Of Automobile Dealers Associations said on Tuesday. Last month, total retail sales stood at 14,64,001 units as compared to 13,19,647 units in September 2021. FADA noted that October is expected to witness even better overall sales due to the festive season further gathering steam. "Dealers anticipate this to be the best festive period in a decade for the passenger vehicle segment as we anticipate even higher sales during the month," it said. Barring tractors and some three-wheeler trims, all other segme

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