The Federation of Automobile Dealers Associations (FADA) today released Vehicle Retail Data for Sep'24 for the State of Karnataka.
Chart showing Vehicle Retail Data for Sep'24
Sep'24 Retails
Commenting on how Sep'24 performed, FADA Karnataka State Chairperson, Mr Dharma Teja G said, “September 24 saw a decline in overall retail sales, dropping by 10.11% YoY. Except for 3W and Trac, which grew by 17.44% and 8.42% YoY respectively. Other categories such as 2W, PV and CV fell by 9.34%, 21.09%, and 12.23% YoY, respectively. The poor sales in these categories are attributed to low consumer sentiment, poor inquiries, and reduced walk-ins. Seasonal factors like the Shraddh period, and Pitrupaksha, further impacted demand, resulting in delayed purchases and a subdued market environment.”
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