November 6, 2024 3:20 PM

Auto sales up 32% amid festive demand in October: FADA

India’s auto market saw a 32% year-on-year growth across all vehicle categories in October, as reported by the Federation of Automobile Dealers Associations (FADA) on Wednesday. The two-wheeler segment led the charge with a 36% YoY increase in sales. The surge was fueled by the convergence of major festivals like Navratri and Diwali, which spurred consumer purchasing. Additionally, the growth was bolstered by favorable festive discounts, new model introductions, and better stock availability....