Bengaluru, 11th September 2023 : The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for Aug’23 for the State of Karnataka.
Aug’23 Retails
Commenting on how Aug’23 performed, FADA Karnataka State Chairperson, Mr Dharma Teja G said,
“Due to average monsoon in Aug 23, the state of Karnataka has had mixed results for the month. Sales Volume were affected for the categories of CV and Tractors Negatively. The rest of the category have shown a good growth for the month. Speaking of numbers, we saw good growth across all segments with a growth of 14%, 135%, and 17%, for 2W, 3W, and PV segments respectively. CV and Tractor segments have seen a DE growth of 6% and 1.45% respectively. With the hope that the south west monsoon will review and the start of festive season, we are hoping for a good show in September.”
Chart showing Vehicle Retail Data for Aug’23
All India Vehicle Retail Data for Aug’23
CATEGORY |
AUG’23 |
AUG’22 |
YoY % |
2W |
12,54,444 |
11,80,230 |
6.29% |
3W |
99,907 |
60,132 |
66.15% |
CV |
75,294 |
72,940 |
3.23% |
PV |
3,15,153 |
2,95,842 |
6.53% |
TRAC |
73,849 |
65,018 |
13.58% |
Total |
18,18,647 |
16,74,162 |
8.63% |
Source: FADA Research
Karnataka Vehicle Retail Data for Aug’23
KARNATAKA |
|||
CATEGORY |
AUG’23 |
AUG’22 |
YoY % |
2W |
1,01,368 |
88,606 |
14.40% |
3W |
5,298 |
2,255 |
134.94% |
CV |
6,162 |
6,534 |
-5.69% |
PV |
28,701 |
24,600 |
16.67% |
TRAC |
4,083 |
4,143 |
-1.45% |
Total |
1,45,612 |
1,26,138 |
15.44% |
Source: FADA Research