The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for September’24. September’24 Retails FADA President, C S Vigneshwar, shared his perspective on the auto retail performance for September 2024, stating, “The 2024 southwest monsoon recorded 8 per cent above-normal rainfall—the highest in four years—which has boosted Kharif sowing by 1.5 per cent YoY. This increase in agricultural productivity[Read More…]
With the 2nd wave proving more fatal and health care battling to reach out to people in the State, FADA Maharashtra Chapter decided to make its contribution to strengthen the hands of the State Administration in battling the 2nd wave of Covid-19. FADA State Chairperson, Amar Jatin Sheth met with the Honourable Transport Commissioner Dr Avinash Dhakane to understand how[Read More…]
After showing a one-time YoY growth in December, January registrations once again fell by -9.66%. All categories except Tractor were in red. On a YoY basis, 2W, 3W, CV and PV fell by -8.78%, -51.31%, -25% and -4.46%. Tractor continued its upbeat momentum with a YoY growth of 11.14%. Non-availability of vehicles due to scarcity of semiconductors, a fading pent-up demand[Read More…]
Vehicle Registrations for August shows improvement due to ongoing festivities when compared MoM but still down by -26.81% on YoY basis. On yearly comparison, CV by -57.39%, and PV by -7.12%. Tractor registration continued its upwards journey with 27.80% growth. Overall demand still not back to pre-covid levels as despite abundant liquidity, risk-averse mood of Banks and NBFC’s coupled[Read More…]
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