The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for May’23 for the State of Karnataka.
Commenting on how May’23 performed, FADA Karnataka State Chairperson, Mr Dharma Teja G said,
“Karnataka continues on the growth trajectory for the CY 2023, except for a short bump in April 2023. We see good to robust growth across all segments with a growth of 14%, 180%, 22%, 6% and 5% for 2W, 3W, CV, PV and Tractor segments respectively. With a good monsoon, we hope this will continue for the rest of the year.”