India retail car sales jump 28.6% in June as PV demand surges past 410k units
FADA data shows total retail vehicle sales rose 21.83% to 25.57 lakh units in June, led by passenger vehicles at +28.63% and alt-fuel PVs topping 40% growth. Rural demand outpaced urban, with 66% of dealers expecting Q2 growth. Monsoon and affordability flagged as key risks.
FADA data shows India's June retail vehicle sales rose 21.83%, with passenger vehicles up 28.63%. Rural PV growth outpaced urban; alt-fuel vehicles crossed 40% growth. Dealers optimistic for festive quarter, flagging monsoon and affordability as key risks.