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Auto sales up 48% in Oct; all vehicle segments gain in festive season: FADA

Two-wheeler segment up 51%; high demand continues for SUVs and premium cars

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Cars are seen parked in a dock at the Chennai Port Trust | Photo: PTI

Shine Jacob Chennai
Vehicle retail sales got a festive boost to rise 48 per cent in October compared to the same month last financial year, according to the Federation of Automobile Dealers Associations (FADA).

As many as 20,94,378 vehicles were sold in October, compared to 14,18,726 units the same month last year. October sales this year was 8 per cent higher than the 19,33,484 units sold the same month in 2019.

“With most of the month under festive period, the sentiments were extremely positive across all categories of dealership outlets. Even when compared to pre-covid month of 2019, overall retails for the first