2024年2月印度车辆零售数据（英）-9页

FEDERATIONOFAUTOMOBILEDEALERSASSOCIATIONS804-805-806,SuryaKiran,19,KGMargNewDelhi-110001(INDIA)T+911166304852,23320095,41531495Efada@fada.inCINU74140DL2004PNL130324FORIMMEDIATERELEASEFADAReleasesFebruary’24VehicleRetailData▪OverallGrowthinFeb’24:IndianAutoRetailexperiencedarobust13%YoYgrowthinFeb’24acrossallvehiclecategories.2W,3W,PV,TractorsandCVsectorsregisteredgrowthratesof13%,24%,12%,11%and5%respectively.▪2WMarketDrivers:2Wmarketgrowthof13%YoYwasnotablydrivenbytheruralsector,demandforpremiummodelsandstrongperformanceofentry-levelsegments.▪3WMarketSurge:The3Wmarketsawasignificant24%YoYincrease,withEVsconstituting53%ofthisgrowth,highlightingashifttowardsElectricE-Rickshawsandanincreaseinfirst-timeusers.▪Record-BreakingPVSales&InventoryConcern:PVsegmentrecordeda12%YoYgrowth,markingthehighestFebruarysalesfiguresever,drivenbynewproductintroductionsandenhancedvehicleavailability.ElevatedinventorylevelsinthePVsegment,remainingat50-55days,poseasignificantconcern,necessitatingOEMstoadjustproductiontoreducedealercarryingcosts.▪CVSectorResilience:TheCVsectorachieveda5%YoYgrowth,overcomingchallengessuchascashflowshortagesandelection-relatedpurchasedeferrals.▪CautiousOptimismforNearTerm:Near-termoutlookforMarch2024suggestscautiousoptimism,withpotentialgrowthdrivenbyrobustsignalsfromtheruralmarketandfinancialy...