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Passenger vehicle retail sales down by 1.36% in October, onus on "shraddh period" says FADA

Indian passenger vehicle retail sales decreased to 353,990 units in October. Meanwhile, wholesale numbers reached a historic high of 391,472 units, marking a 16.3 percent YoY increase, attributed to strong demand ahead of Diwali and new model launches.
Manish Raj Singhania Federation Of Automobile Dealers Associations Automobile Dealers Associations Indian Auto Retail Auto Retails Federation Of Automobile Dealers Associations

Vehicle Registrations October 2023 India: Vehicle registrations decline by 8% in October, but festive season boosts buyer sentiments, ET Auto

Vehicle Registrations October 2023 India: In October, Indian vehicle registrations fell by 8% amid the inauspicious Shraddh period, with 2,117,596 vehicles registered, according to FADA. Despite the decline, resilient demand during Navratri and ongoing festivities bolstered buyer sentiments across categories, indicating a strong market rebound.
Manish Raj Singhania Federation Of Automobile Dealers Association Automobile Dealers Association Vehicle Registrations October 2023 India Federation Of Automobile Dealers Association India Vehicle Sale

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