Auto sales up 14% in Jan, helped by festive season, rural demand: FADA

Automobile retail sales grew 14 per cent in January year-on -year as festivals, weddings and more money in the rural economy helped demand, said an industry association on Monday

Automobile sales grew 14 per cent in January year-on -year as festivals, weddings and more money in the rural economy helped demand, said an industry association on Monday.

All categories of vehicles did well with two-wheeler, three-wheeler, passenger vehicle, tractor and commercial vehicles growing 10 per cent, 59 per cent, 22 per cent, 8 per cent and 16 per cent respectively, said the Federation of Automobile Dealers Associations (FADA).

“Overall, the demand was up, especially in the passenger car segment, the order book has been continuously growing. We have a decent order book available with passenger cars, which is why