Automobile industry sees record festive season growth at 34 per cent even as September sales rise marginally: FADA

Automobile sales experienced record growth during Navaratri. Festive sales increased by 34 percent year-on-year. Passenger vehicle and two-wheeler sales saw substantial gains. This surge followed a reduction in GST rates, boosting buyer confidence and leading to increased bookings. Dealers prepared for peak season by replenishing inventory. The positive momentum is expected to continue through Deepawali.

from Auto-Industry-Economic Times https://ift.tt/fkQ6bxC