Tuesday, August 8, 2023

FADA Releases July’23 Vehicle Retail Data For The State Of Karnataka

The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for July’23 for the State of Karnataka.  

July’23 Retails 

Commenting on how July’23 performed, FADA Karnataka State Chairperson, Mr Dharma Teja G said,  “Karnataka continues on the growth trajectory of the 1st quarter of FY 23-24 in July as well. We see good to robust growth across all segments barring tractors due to start of Monsoon in Rural Karnataka, with a growth of 23%, 133%, 7%, 21% for 2W, 3W, CV and PV segments respectively. We hope this will continue for the rest of the calendar year due to the upcoming festive season.”  

About FADA India 

Founded in 1964, Federation of Automobile Dealers Associations (FADA), is the apex national body of Automobile Retail Industry in India engaged in the sale, service and spares of 2 & 3 Wheelers, Passenger Cars, UVs, Commercial Vehicles (including buses and trucks) and Tractors. FADA India represents over 15,000 automobile dealers having 26,500 dealerships including multiple Associations of Automobile Dealers at the Regional, State and City levels representing the entire Auto Retail Industry. Together we employ ~4 million people at dealerships and service centres. 

FADA India, at the same time also actively networks with the Industries and the authorities, both at the Central & State levels to provide its inputs and suggestions on the Auto Policy, Taxation, Vehicle Registration Procedure, Road Safety and Clean Environment, etc. to sustain the growth of the Automobile Retail Trade in India. 

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