According to the data released by the Federation of Automobile Dealers Associations( FADA), vehicle retail deals went up by 11 in September 2022, compared to the same month last time.
Overall deals for the month of September 2022 stood at units, compared to units in September 2021. Compared to September 2019, when units were vended, total vehicle retails have dropped by3.80.
The passenger vehicle member continued to show growth. Better vacuity ofsemi-conductors, new launches, and point rich products are said to have attracted guests to dealerships this gleeful season. The staying period, however, still continues to range between 3- 24 months, especially for SUVs and compact SUVs.
Tractor deals dropped by1.49, from,392 units in September 2021 to,595 units.Two- wheeler deals increased by9.02 to units from units in September 2021.
Three- wheeler deals were over by71.94 in September 2022.,915 units were vended, compared to,172 units in September 2021.Passenger vehicle deals went up by9.71 compared to the former time. units were vended last month, compared to units in September 2021.
marketable vehicle deals also increased by18.87.,233 units were vended in September 2022, compared to,927 units in the former time.