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

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%

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