FADA Releases Navratri’22 Vehicle Retail Data

The Federation of Automobile Dealers Associations (FADA) today released Vehicle Retail Data for Navratri’22.

Navratri’22 Retails

“For the first time, FADA is releasing Navratri Auto Retail figures. Overall retails increased by a massive 57% compared to Navratri’21. All categories also showed extremely high growth with 2W, 3W, CV, PV and Tractors increasing by 52.%, 115%, 48%, 70% and 58% respectively.

When compared to Navratri’19 (which was prior to covid), total retails increased by 16%. Here too, all categories showed positive momentum with 2W, 3W, CV, PV and Tractors growing by 4%, 31%, 37%, 59% and 90% respectively.

Navratri retails clearly shows that customers were back in showrooms with all guns blazing after a gap of 3 years. In fact, 2W category which was continuously showing weakness when compared to pre covid months, also registered single digit growth.

We now hope that this trend continues till Deepawali, so that apart from PV Dealers who will see a decade high during this festive, the 2W Dealers also have a good season and hence helps them liquidate their stock which they have built in anticipation of a good festive.”

Chart showing Vehicle Retail Data for Navratri’2

Commenting on how Navratri’22 performed, FADA President, Mr. Manish Raj Singhania said,

About FADA India

The Federation of Automobile Dealers Associations (FADA), founded in 1964, is the top national body of India’s Automobile Retail Industry, engaged in the sale, servicing, and spares of 2/3 Wheelers, Passenger Cars, UVs, Commercial Vehicles (including buses and trucks), and Tractors.

FADA India represents over 15,000 automotive dealers with 26,500 dealerships, as well as other Automobile Dealer Associations at the regional, state, and city levels representing the complete Auto Retail Industry. At dealerships and service centres, we employ a total of 4 million individuals.

At the same time, FADA India actively networks with industries and authorities at both the Central and State levels to provide inputs and suggestions on auto policy, taxation, vehicle registration procedures, road safety, and clean environment, among other things, in order to sustain the growth of the automobile retail trade in India.

This article was shared with Prittle Prattle News as a Press Release.

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