India’s auto retail sales rise 9.55 pc in May to record 25.31 lakh units: FADA

NEW DELHI, June 8: The total automobile retail sales in India registered an on-year growth of 9.55 per cent to a record 25,31,067 units in May despite fuel-price revision, the Federation of Automobile Dealers Associations said on Monday. The cumulative automobile retail sales in India stood at 23,10,451 units in the same month last year. The retail sales performance reflects all-time best May for three-wheelers, passenger vehicles and tractors — a strong outcome for what is seasonally a lean month. [...] The post India’s auto retail sales rise 9.55 pc in May to record 25.31 lakh units: FADA appeared first on Daily Excelsior .