Automotive retail shows 9% growth in August with strong recovery signs: FADA

  • A 9% YoY growth was observed in auto retail, with different vehicle categories experiencing increments.
  • Private vehicle sales stood at 3.15 lakh units in August, with Maruti Suzuki India Ltd topping the list.
  • Despite increased inventory and supply chain issues, FADA remains ‘cautiously optimistic’, driven by various factors across vehicle segments.
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