The Headlines – Auto retail sales decline 7% in February due to weak demand

Automobile retail sales in India dropped by 7% as overall demand declined in February, according to FADA. Passenger vehicle sales fell by 10% to 3 lakh units, while two-wheeler sales dropped by 6% to 13.5 lakh units. Dealers expressed concerns about excessive inventory and weak market sentiment affecting sales and overall dealer viability.

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