Auto retail in Navratri grow 18%, near-term outlook remains mixed: FADA
The first half of October 2023, marked by the Shraddh period, saw an 8% YoY decline. However, a MoM comparison reveals a 13% surge, indicative of resilient market demand. Navratri '23 brought unprecedented sales to auto retail, surpassing the previous high of Navratri '17. YoY figures for this period show a robust 18% increase in overall auto retail, FADA said.
Tags : FADA results for October Auto retails in October Two wheelers sales in October Three Wheelers sales in October PV sales in october CV sales in October Federation of Automobile Dealers Associations Manish Raj Singhania Inventory concerns for PVs
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