Vehicle registrations rise 15% in Jan driven by strong demand for passenger vehicles and two-wheelers

Vehicle registrations in India reached 2,127,653 units last month, marking a significant increase compared to the same period last year, according to the Federation of Automobile Dealers Association (FADA). Two-wheeler sales grew by 15%, driven by the rural market, while passenger vehicle sales reached an all-time high. However, high inventory levels and potential caution from consumers due to upcoming elections could pose challenges for auto dealers.
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