India's auto retails rise 15% in Jan riding record PVsales; a tough Q4 awaits for CVs: FADA

According to data from FADA, the overall auto retail market in India grew by 15% YoY in January. The two-wheeler, three-wheeler, passenger vehicle, and tractor segments witnessed YoY growth of 15%, 37%, 13%, and 21%, respectively. However, commercial vehicles (CVs) only saw a 0.1% growth due to factors like extreme weather, tightened liquidity, high vehicle costs, and more restricted financing.

from Auto-Industry-Economic Times https://ift.tt/sAD8f4d