{"id":50122,"date":"2023-11-09T11:49:45","date_gmt":"2023-11-09T11:49:45","guid":{"rendered":"https:\/\/highwaytale.com\/?p=50122"},"modified":"2023-11-09T11:49:45","modified_gmt":"2023-11-09T11:49:45","slug":"vehicle-retail-sales-up-by-12-51-in-october-2023","status":"publish","type":"post","link":"https:\/\/highwaytale.com\/news-features\/vehicle-retail-sales-up-by-12-51-in-october-2023\/","title":{"rendered":"Vehicle retail sales up by 12.51% in October 2023"},"content":{"rendered":"<h2>Navratri of 2023 marked a milestone with retail sales soaring by 18% YoY, surpassing the figures of Navratri 2017.<\/h2>\n<p>According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales grew by 12.51% in October 2023, compared to the same month last year.<\/p>\n<p><span>Overall sales for the month of October 2023 stood at 21,17,596 units, compared to 22,95,099 units in October 2022.<\/span><\/p>\n<p><span>Tractor sales increased by 6.15%, from 58,823 units in October 2022 to 62,440 units last month.<\/span><\/p>\n<p><span>Two-wheeler sales declined by 12.60% to 15,07,756 units from 17,25,043 units in October 2022.<\/span><\/p>\n<p><span>Three-wheeler sales were up by 45.63% in October 2023. 1,04,711 units were sold, compared to 71,903 units in October 2022.<\/span><\/p>\n<p><span>Passenger vehicle sales were down by 1.36% compared to the previous year. 3,53,990 units were sold last month, compared to 3,58,884 units in October 2022.<\/span><\/p>\n<p><span>Commercial vehicle sales increased by 10.26%. 88,699 units were sold in October 2023, compared to 80,446 units in the previous year.<\/span><\/p>\n<p><span>According to FADA, Navratri of 2023 marked a milestone with retail sales soaring by 18% year-over-year, surpassing the figures of Navratri 2017. Except for tractors, which saw an 8% decline, all categories exhibited commendable growth.<\/span><\/p>\n<p><span>Team-BHP&#8217;s detailed analysis of the\u00a0October 2023 sales figures.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>Source: <a href=\"https:\/\/www.team-bhp.com\/news\/vehicle-retail-sales-1251-october-2023\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Navratri of 2023 marked a milestone with retail sales soaring by 18% YoY, surpassing the figures of Navratri 2017. According [&#8230;]<\/p>\n","protected":false},"author":2,"featured_media":50121,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Vehicle retail sales up by 12.51% in October 2023 - Highwaytale.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/highwaytale.com\/news-features\/vehicle-retail-sales-up-by-12-51-in-october-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vehicle retail sales up by 12.51% in October 2023 - Highwaytale.com\" \/>\n<meta property=\"og:description\" content=\"Navratri of 2023 marked a milestone with retail sales soaring by 18% YoY, surpassing the figures of Navratri 2017. 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