Bengaluru, 6th August, 2024: The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for July’24 for the State of Karnataka.
Chart showing Vehicle Retail Data for July’24
All India Vehicle Retail Data for July’24
|
CATEGORY
|
JULY’24
|
JULY’23
|
YoY %
|
|
2W
|
14,43,463
|
12,31,930
|
17.17%
|
|
3W
|
1,10,497
|
97,891
|
12.88%
|
|
CV
|
80,057
|
75,573
|
5.93%
|
|
PV
|
3,20,129
|
2,90,564
|
10.18%
|
|
TRAC
|
79,970
|
90,821
|
-11.95%
|
|
Total
|
20,34,116
|
17,86,779
|
13.84%
|
Source: FADA Research
Karnataka Vehicle Retail Data for July’24
|
KARNATAKA
|
|||
|
CATEGORY
|
JULY’24
|
JULY’23
|
YoY %
|
|
2W
|
97,363
|
95,758
|
1.68%
|
|
3W
|
6,601
|
4,814
|
37.12%
|
|
CV
|
5,973
|
6,835
|
-12.61%
|
|
PV
|
21,978
|
24,583
|
-10.60%
|
|
TRAC
|
4,361
|
4,529
|
-3.71%
|
|
Total
|
1,36,276
|
1,36,519
|
-0.18%
|
Source: FADA Research
Disclaimer:
- The All India numbers above do not have figures from TS & LD.
- Vehicle Retail Data has been collated as on 03.08.24 in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,568 out of 1,645 RTOs.
July’24 Retails
Commenting on how July’24 performed, FADA Karnataka State Chairperson, Mr Dharma Teja G said, “The month of July 24 has faced some demand challenges in segments like CV, PV and tractors despite better availability of products. This was primarily due to dip in footfalls due to heavy rains in interior Karnataka districts and tightening of credit on the rural side by financiers. 3W and 2 W have registered a growth of 37% & 2% respectively.”
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