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Vehicle retail sales jump 10% in May to 2.53 million units on rural demand
Vehicle sales saw a 10% jump in May, fueled by robust rural demand for cars and trucks. Passenger vehicle registrations surged in rural areas, outpacing urban growth. Two-wheeler sales also climbed, supported by GST cuts and wedding season purchases. Electric vehicle adoption is increasing across segments. FADA anticipates continued demand, supported by monsoon progress and rural cash flows.
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economictimes.indiatimes.com
Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand ahead
Indian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural markets showing strong demand. Two-wheeler…
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thehindubusinessline.com
Auto retail sales record all-time high for May month: FADA
The automobile retail sales have recorded the best-ever May in overall registrations including passenger vehicles (PVs), two-wheelers (2Ws) and three-wheelers (3Ws), the…
