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Auto retail sales up 10 percent in July 2023: Three-wheelers record highest growth

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The Federation of Automobile Dealers Association (FADA) released Vehicle Retail Data for July 2023, reporting a YoY growth of 10% in auto retail sales. Despite a YoY improvement, retail sales declined by 5% MoM with only three-wheelers seeing a MoM increase of 9%. The CV segment registered a marginal decline of 0.2% MoM while the two-wheeler, PV and tractor segments saw a negative sales decline on a monthly basis.

from Auto News: Upcoming Cars and Bikes, New Launches, Price and Reviews | Times of Indiahttps://timesofindia.indiatimes.com/photo/102522761.cms

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