{"id":88313,"date":"2023-02-06T15:18:00","date_gmt":"2023-02-06T09:48:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=88313"},"modified":"2023-02-06T15:16:28","modified_gmt":"2023-02-06T09:46:28","slug":"biz-fada-auto-sales-8","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-fada-auto-sales-8\/","title":{"rendered":"Automobile retail sales rise 14% in January to cross 18 lakh unit mark: FADA"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1994262706\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Automobile retail sales in India rose 14 per cent in January, as compared to the same month last year, on the back of robust registrations across passenger vehicles, two-wheelers and tractors, dealers&#8217; body Federation of Automobile Dealers Associations said on Monday.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2468963923\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Total sales across categories last month rose to 18,26,669 units, as compared to 16,08,505 units in January 2022.<\/p><p>Passenger vehicle registrations rose to 3,40,220 units last month, an increase of 22 per cent as compared to 2,79,050 units in the year-ago period.<\/p><p>Similarly, two-wheeler retails rose to 12,65,069 units last month, as against 11,49,351 units in January 2022, an increase of 10 per cent.<\/p><div class=\"trade-content_5\" id=\"trade-1737669317\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Three-wheeler retail sales rose to 65,796 units, up 59 per cent from 41,487 units in January last year.<\/p><p>Commercial vehicle registrations were at 82,428 units in January, up 16 per cent from 70,853 units in the year-ago period.<\/p><p>Similarly, tractor sales rose by 8 per cent to 73,156 units last month, as against 67,764 units in January last year.<\/p><p>Federation of Automobile Dealers Associations (FADA) President Manish Raj Singhania said the total retail sales in January grew as compared with year-ago period but still remained down by 8 per cent when compared to pre-Covid month of January 2020.<\/p><p>&#8220;While good enquiry, healthy bookings and improved supplies are helping aid this segment, it is the entry level sub-segment which is still feeling the pinch,&#8221; he said.<\/p><p>On two-wheeler sales, he said that sentiments were improving at a snail&#8217;s pace but were better than what it was a year ago.<\/p><div class=\"trade-content-10\" id=\"trade-1313027647\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>&#8220;Rural market is yet to fully come to the party as cost of ownership has shot up significantly while disposable income has not increased in the same ratio,&#8221; Singhania said.<\/p><p>Continued demand in the market due to replacement of fleet, growth in freight availability and government&#8217;s consistent push for infrastructure projects has helped the commercial vehicle segment rise above pre-covid numbers, he noted.<\/p><p>On business outlook, Singhania said: &#8220;With China&#8217;s factory activity once again gaining pace, global supplies of parts and semiconductors will see a recovery thus aiding better vehicle supplies and lower waiting period in future. This will further fuel growth for the already healthy passenger vehicle category.&#8221; PTI MSS DRR DRR DRR<\/p><div class=\"trade-after-content\" id=\"trade-3695087030\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Automobile retail sales in India rose 14 per cent in January, as compared to the same month last year, on the back of robust registrations across passenger vehicles, two-wheelers and tractors, dealers&#8217; body Federation of Automobile Dealers Associations said on Monday. Total sales across categories last month rose to 18,26,669 units, as compared to 16,08,505 [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":33263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-88313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Automobile retail sales rise 14% in January to cross 18 lakh unit mark: FADA - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Automobile retail sales in India rose 14 per cent in January, as compared to the same month last year, on the back of robust registrations across passenger vehicles, two-wheelers and tractors, dealers&#039; body Federation of Automobile Dealers Associations said on Monday.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/?p=88313\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Automobile retail sales rise 14% in January to cross 18 lakh unit mark: FADA\" \/>\n<meta property=\"og:description\" content=\"Automobile retail sales in India rose 14 per cent in January, as compared to the same month last year, on the back of robust registrations across passenger vehicles, two-wheelers and tractors, dealers&#039; body Federation of Automobile Dealers Associations said on Monday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/?p=88313\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-06T09:48:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/auto-sales-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"PTI News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/04\/auto-sales-Cover-Image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PTI News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/?p=88313\",\"url\":\"https:\/\/tradebrains.in\/features\/?p=88313\",\"name\":\"Automobile retail sales rise 14% in January to cross 18 lakh unit mark: FADA - 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