Auto sales rise 9% in 2024 despite headwinds: Fada
Mint New Delhi|January 08, 2025
Inventory build-up, delayed harvest payments, weak consumer sentiment weighed on demand in Dec
Alisha Sachdev

India's automobile registrations accelerated by 9.1% in 2024 despite headwinds in the form of extreme weather, uneven monsoons and state elections, the Federation of Automobile Dealers Associations (Fada) said.

The annual growth in automobile sales was fuelled by strong performances in the two-wheeler, three-wheeler, passenger vehicle (PV), and tractor segments. Commercial vehicles (CV), however, stalled.

Automakers sold more than 26.1 million units in calendar year 2024, compared with 23.9 million units in 2023.

This story is from the January 08, 2025 edition of Mint New Delhi.

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This story is from the January 08, 2025 edition of Mint New Delhi.

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