After two months of the festive season's positive impact in October and November, retail automobile sales in India saw a 5 per cent dip in December 2022, mainly due to a decline in two-wheeler (2W) sales by 11 per cent, said data shared by the Federation of Automobile Dealers Associations (FADA).
In November, vehicle sales had jumped 26 per cent, pushed by the wedding season and in October, the sector had registered a 48 per cent rise in sales mainly due to the festive season.
Apart from the 2W segment, all the other categories were in the green, with three-wheeler (3W), private