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Automobile retail sales soar to record high in November: FADA

Automobile retail sales in India clocked best-ever performance last month aided by robust registrations across segments including passenger vehicles, two-wheelers and commercial vehicles, automobile dealer’ body FADA said on Friday.

The overall automobile retail sales rose by 26 per cent to 23,80,465 units last month, as compared with 18,93,647 units in November 2021.

“November 2022 has clocked highest retails in the history of Indian automobile Industry with March’20 as an exception when retails were higher due to BS IV to BS VI transition,” Federation of Automobile Dealers Associations (FADA) President Manish Raj Singhania said in a statement.

The sales momentum continued even after the end of the festive period with the start of the wedding season, he added.

Passenger vehicle retail sales rose by 21 per cent year on year last month to cross three lakh unit mark in November aided by better availability of models, new…

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