Passenger vehicle retail sales dip 1% in May as excessive heat, elections impacted demand: FADA
Passenger vehicle registrations dipped to 3,03,358 units last month, compared with 3,35,123 units in May 2023. File | Photo Credit: V. V. Krishnan Domestic passenger vehicle retail sales declined 1% year-on-year in May, as blistering summer heat and elections impacted demand, automobile dealers’ body FADA said on June 10. Passenger vehicle registrations dipped to 3,03,358…