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Vehicle registrations up nearly 9% in Aug
Mint Mumbai
|September 06, 2023
New Delhi: Registrations of automobiles grew 8.6% from a year ago to nearly 1.819 million units in August, data released by the apex automotive dealers’ body, Federation of Automobile Dealers’ Associations (FADA), showed.
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According to FADA, sales of automobiles across categories including passenger vehicles, two and three-wheelers, and trucks and tractors, witnessed growth. While passenger vehicle registration was up 6.5% in August, registrations of two-and three-wheelers were up 6.3% and 66%, respectively.
FADA said India’s retail auto segment witnessed a modest 0.8% growth, with two-wheelers recouping lost ground and mitigating de-growth by 11% over the pre-covid-19 base. For electric two-wheelers, registrations were up 20% in August from a year earlier, and 14% compared to the previous month to 62,355 units, while registration for IC-engine two-wheelers witnessed 6.3% year-on-year growth.
This story is from the September 06, 2023 edition of Mint Mumbai.
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