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Bangalore, 11th March 2024 : The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for Feb’24 for the State of Karnataka.
Feb’24 Retails
Commenting on how Feb’24 performed, FADA Karnataka State Chairperson, Mr Dharma Teja G said, “The month of February has continued the good start Karnataka has had to the calendar year 2024 for Auto retail. All the categories have seen a strong growth with 2sW at 23.5%, PV at 16.8%, 3W at 48.5% and CV at 14.1%. With the GDP growth numbers being robust. We are hoping that the momentum will continue for the rest of the year.”
Chart showing Vehicle Retail Data for Feb’24
All India Vehicle Retail Data for Feb’24
| CATEGORY |
FEB’24 |
FEB’23 |
YoY % |
| 2W |
14,39,523 |
12,71,073 |
13.25% |
| 3W |
94,918 |
76,619 |
23.88% |
| CV |
88,367 |
84,337 |
4.78% |
| PV |
3,30,107 |
2,93,803 |
12.36% |
| TRAC |
76,626 |
69,034 |
11.00% |
| Total |
20,29,541 |
17,94,866 |
13.07% |
Source: FADA Research
Karnataka Vehicle Retail Data for Feb’24
|
KARNATAKA |
|||
| CATEGORY |
FEB’24 |
FEB’23 |
YoY % |
| 2W |
1,09,064 |
88,304 |
23.51% |
| 3W |
6,328 |
4,260 |
48.54% |
| CV |
7,253 |
6,358 |
14.08% |
| PV |
25,963 |
22,232 |
16.78% |
| TRAC |
5,179 |
5,202 |
-0.44% |
| Total |
1,53,787 |
1,26,356 |
21.71% |
Source: FADA Research
