January 7, 2025 12:07 PM

India logs 9.1% jump in automobile sales in 2024 with growth in most segments

India's retail automobile sales witnessed a robust 9.1% growth in 2024, reaching 2.61 crore units, overcoming hurdles such as extreme weather conditions, elections, and uneven monsoons, according to data released by the Federation of Automobile Dealers Association (FADA). Segment-wise, two-wheeler sales registered a notable 10.7% increase, while three-wheelers grew by 10.4%, passenger vehicles by 5.1%, and tractors by 2.5%. However, the commercial vehicle segment remained nearly flat, with a ma...