Automobile retails up 10% YoY in July, but down 5% MoM: FADA

While automobile retails saw a growth of 10 per cent year-on-year, on a monthly basis, a decline of 5 per cent was seen in the month of July, Federation of Automobile Dealers Associations (FADA) data showed. While caution remains the operative word in the short term, FADA is hopeful about retail growth prospects, especially with the festive season on the horizon.

from Auto-Industry-Economic Times https://ift.tt/DSz5T7I