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  • GST cut-fueled festive fever saw one car sold every two seconds

    Nearly 767,000 passenger vehicles (cars, sport utility vehicles, and vans) and 4.05 million two-wheelers (motorcycles, scooters, and mopeds) were sold during the period, averaging 18,261 PVs and 96,500 two-wheelers per day.

  • Car dealers seeking legal advice as new GST rates threaten refund of tax credits

    Auto industry representatives and the government have met on the issue and sources told Moneycontrol that the Centre is mulling a refund of compensation cess which car dealers have paid for their purchases. However, any relief is possible only after the new rates kick in.

  • Wait for new GST, rains kept August sales muted, says FADA, rebound by September-end after Shraddh

    During August, festive enquiries were strong, said FADA, and buyers had deferred purchases to September due to the announcement of new and lower GST rates.

  • Auto retail sales in green lane in June: FADA

    The overall retail sales grew 4.84% year-on-year (y-o-y) at 20,03,873 units in June 2025.

  • April vehicle sales up 3%, outlook for May brighter: FADA

    Passenger vehicle sales witnessed strong SUV demand, but numbers were offset by sluggish sales in the entry-level segment — resulting in a meagre 1.6 percent increase across the segment.

  • Automobile retail sales drop 7% in Feb amid slowing demand: FADA

    'February witnessed a broad-based downturn across all categories,' FADA President C S Vigneshwar said in a statement

  • Health insurance dominates non-life with 40% share despite slow growth, while motor at 29.3% despite being mandatory

    A critical issue for motor insurance is the high percentage of uninsured vehicles because of non-compliance with mandatory insurance laws," says Galaxy Health Insurance CEO

  • FADA's cautious optimism: Auto retail sector eyes modest gains in February

    oncerns about shorter working days, weak rural liquidity, and inflationary pressures persist, creating uncertainty about how much growth can be achieved.

  • Auto retail sales rise 7% in Jan; PV segment up 16%: FADA

    Overall retail sales stood at 21,49,117 units in January 2024.

  • Vehicle retail sales rise 12% to 43 lakh units during 42-day festive period: FADA

    'We could have fully met or even exceeded our targets of 45 lakh units if not for the unseasonal heavy rains in South India,' says FADA

  • Despite festive jump in sales, car dealers grapple with inventory worth Rs 75,000 crore

    As per auto retail body FADA, potential challenges such as inventory overstock and economic headwinds may affect sales momentum during November and December this year.

  • Now, discounts fly on coveted SUVs to perk up sales during festive season 

    SUV models such as Mahindra Thar (3-door version) and XUV 7OO, Kia Seltos, Toyota Hyryder and Fortuner, Maruti Suzuki Grand Vitara and Jimny are seeing discounts up to few lakhs of rupees. Some SUVs such as Creta and Ertiga are bucking the trend.

  • After a slow Q2, two-wheeler sales on recovery path driven by festive demand, rural sales

    Industry players say that the jump in retail sales witnessed in the first 25 days of this festival season is attributed to factors including attractive discounts, tailor-made financing options, new models and rising incomes.

  • FADA says enquiries high on pent up demand and festive buying, expect double-digit growth during Navratra

    FADA's assessment is reflects a far more optimistic outlook, with a target of 45 lakh units in this year's festive period, as compared to the sale of 38 lakh vehicles during last year's 42-day festive period.

  • Strong monsoon boosts tractor sales by almost 15% in September 2024

    FADA reported that sales for major brands like Mahindra, Swaraj, and John Deere increased year-on-year in September. However, on a month-on-month basis, sales saw a slight decline of nearly 3 percent from the 65,478 units sold in August.

  • Automobile sales decline 9.26% YoY in September, PV dealers facing all-time high inventory levels: FADA

    PV sales saw steep decline of 18.81% YoY while CV sales fell 10.45% YoY, 'reflecting subdued market conditions and weak government spending', says FADA

  • Passenger vehicle retails dip 5% in August; FADA raises alarm over rising inventory level

    While the festive season and improved rural demand present promising opportunities for growth, ongoing weather uncertainties and high inventory levels may temper the overall recovery, it stated.

  • Despite trimmed wholesale despatches by carmakers, dealers' inventory swells to 7.5 lakh units

    According to FADA president Manish Raj Singhania, while there has been some reduction in factory despatches by a few carmakers, the tentative wholesale figure is turning out to be higher than the actual retail numbers.

  • Kia, Audi top customer experience index: FADA study

    The primary objective of the study was to assess and quantify customer experience across sales, after-sales service and product quality in the passenger vehicle category

  • Carmakers bet on discounts and price cuts to entice buyers ahead of festive season

    Dealership lots are chock-full with unsold vehicles as potential buyers seem to be waiting for the discounts and add-on offers that come during the festive season sales, which has rolled around later this year than in the previous year. For canny buyers, though, the spate of rebates on offer could translate into an early bonanza.

  • Passenger vehicle dealers saddled with inventory worth Rs 73,000 crore countrywide, claims FADA

    The auto retail body has said that the vehicle stockpile has climbed to 70-75 days now as against the ideal inventory of 30-35 days.

  • Electric vehicle sales rose 55.2% to 1.79 lakh units in July: FADA

    The total electric vehicles sales for July 2023 were at 1,16,221 units, according to the monthly sales data from Federation of Automobile Dealers' Association (FADA)

  • PV sales rise 10% in July on new launches, enhanced discounts: FADA

    Total passenger vehicle retail sales rose to 320,129 units in July, as compared to 290,564 units in July 2023.

  • Auto sector looks for big bang reforms to sustain its growth momentum and propel country’s economy

    Auto sector looks for big bang reforms to sustain its growth momentum and propel country’s economy

  • Budget 2024: Auto industry expects continued capex, thrust on rural economy, FAME 3 subsidy among others

    The industry has also sought sops to promote electric vehicles and suggested the government bring in additional incentives for scrapping of vehicles in the upcoming budget.

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