Automobile sales rise 7% YoY in January: FADA
In January, automobile retail sales in India rose 7 per cent year-on-year at 22,91,621 units, data from the dealers body Federation Of Automobile Dealers Associations (FADA) said.
In January, automobile retail sales in India rose 7 per cent year-on-year at 22,91,621 units, data from the dealers body Federation Of Automobile Dealers Associations (FADA) said.
According to the ratings agency, a 30 per cent decline in sales volume on an already weak base would lead to a nearly six-fold increase in net loss to Rs 6,000 crore for CV makers this fiscal.
