InvestorQ : How has been the auto sales in June at a dealer level?
Angel dcosta made post

How has been the auto sales in June at a dealer level?

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Juvina Maggie answered.
1 month ago
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While auto sales are normally seen in terms of despatches from the factor to the wholesaler, the FADA releases monthly data on the number of new vehicle registrations. For June 2022, automobile registration across categories surged 27.16% to 1.50 million units. While PV registrations were robust, registration of two-wheelers were down 8.68% in June 2022. Even the CV segment registrations grew 4%. One reason for weak volumes in 2-wheelers is the increasing shift to EVs.

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