FADA Releases Feb’24 Vehicle Retail Data for the State of Karnataka

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

 

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