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Bangalore, 13th February 2024 : The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for Jan’24 for the State of Karnataka.
Jan’24 Retails
Commenting on how Jan’24 performed, FADA Karnataka State Chairperson, Mr Dharma Teja G said, “The month of January has been a good start to the calendar year 2024 in Karnataka for Auto retail. Most of the categories have seen a strong growth with 2W at 22.5%, PV at 20%, 3W at 34.7%, while CV and tractors are negative at -4% and -8.8%. We are hoping that the momentum will continue for the rest of the year with CV and tractors also growing.”
Chart showing Vehicle Retail Data for Jan’24
All India Vehicle Retail Data for Jan’24
| CATEGORY |
JAN’24 |
JAN’23 |
YoY % |
| 2W |
14,58,849 |
12,68,990 |
14.96% |
| 3W |
97,675 |
71,325 |
36.94% |
| CV |
89,208 |
89,106 |
0.11% |
| PV |
3,93,250 |
3,47,086 |
13.30% |
| TRAC |
88,671 |
73,184 |
21.16% |
| Total |
21,27,653 |
18,49,691 |
15.03% |
Source: FADA Research
Karnataka Vehicle Retail Data for Jan’24
|
KARNATAKA |
|||
| CATEGORY |
JAN’24 |
JAN’23 |
YoY % |
| 2W |
1,16,143 |
94,914 |
22.37% |
| 3W |
5,854 |
4,347 |
34.67% |
| CV |
6,422 |
6,690 |
-4.01% |
| PV |
31,754 |
26,460 |
20.01% |
| TRAC |
5,152 |
5,649 |
-8.80% |
| Total |
1,65,325 |
1,38,060 |
19.75% |