AUTO RETAIL SALES JUMP 21% IN SEPT

Automobile retail sales surged 21% last month - to 18.8L units from 15.6L in Sept 2022 - on festive demand. Two-wheeler sales grew 21%, three-wheeler 45% and passenger vehicles 18%.

The year-on-year analysis reveals broad-based growth across segments as two-wheeler sales grew 21%, three-wheeler 45%, passenger vehicle 18%, while commercial vehicles 5%, FADA president Manish Raj Singhania said.

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