Automobile sales increased by more than 21 percent in December, FADA released figuresAutomobile sales increased by more than 21 percent in December, FADA released figures

Automobile Sales: The Federation of Automobile Dealers Association has recorded a negative growth of more than 30 percent in total vehicle sales on month on month basis in the month of December, but on year on year basis there has been an increase of more than 21 percent. According to the report released by FADA, a total of 1990915 units of vehicles were sold in the month of December. This includes passenger vehicles, three-wheelers, two-wheelers there has been an increase in sales on year on year basis.

Automobile Sales: How much sales were made in which segment?

According to FADA report, 293005 units were sold in the passenger vehicle segment during December 2023. Whereas during December 2022 this number was 285429. Whereas in the month of November this number was 360431 units. In the two-wheeler segment, total sales of motorcycles, scooters and mopeds during December 2023 stood at 1449693 units. However, the total contribution of sales of three-wheelers was 95449 units. 78872 units of tractors and 73896 units of commercial vehicles were sold in December.

How were the sales

According to the information given by FADA, there was a negative growth of about 18.71 percent on monthly basis in the passenger vehicle segment during December 2023. Whereas on year on year basis, a growth of 2.65 percent was recorded. There was a negative growth of about 35.49 percent in the sales of two wheelers on a monthly basis, whereas on a year on year basis, a growth of 27.56 percent was seen in the last month as compared to last year. A growth of 36.40 percent was recorded on year on year basis in the sales of three-wheelers and about 1.31 percent growth was recorded in the commercial vehicles segment.

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