India auto retail rises 10% to 2.53M units in May as rural demand fires up showrooms
FADA data shows passenger vehicle registrations surged 23% YoY, two-wheelers 7.5%, and tractors 11%, signalling broad-based rural recovery. EV penetration climbed to 9.25% in 2W and 6.6% in PV; CNG hit 23.3% of PV mix. Dealer PV inventory edged up to 31-33 days, a watch-point.
FADA data shows India vehicle retail sales rose 10% YoY to 2.53 million units in May, led by rural demand. PV registrations up 23%, two-wheelers 7.5%. EV share rose across segments; PV inventory edged up to 31-33 days.