A record six lakh-plus cars were registered in India during the recently concluded festive season, against the backdrop of slowing sales in the world’s third largest automotive industry.
Unsold Stock
The surge in festive-period sales may have reduced from inventory levels reported as on Oct. 31—7.5 lakh cars worth Rs 75,000 crore or 75-80 days of unsold stock—but FADA is still cautious, waiting for the full picture to emerge by the end of November.
“With 1.5 months remaining before the calendar year ends, FADA urges OEMs to focus on liquidating 2024 stock, so that dealers can enter 2025 with ideal, FADA-recommended 21 days of inventory,” Vigneshwar said.
WRITTEN BY
Add us to your Preferences
Set as your preferred source on Google
ADVERTISEMENT
RECOMMENDED FOR YOU
Mumbai Rains LIVE Updates: BKC, Worli, Bandra, Dadar, Chembur, Kurla Likely To Get Heavy Rains In Next Hour
Aug 14, 2025
.png?rect=0%2C0%2C3500%2C1969&w=75)
July Auto Retail Sales Data Shows Weakness For Two-Wheelers, But Tractors Moving Strong
Aug 07, 2025
Automobile Retail Sales Dip 4% In July; PVs, Two-Wheelers See Drop In Registrations
Aug 07, 2025
Will Elon Musk's Tesla Live Up To The Hype In India? Hormazd Sorabjee Weighs In
Jul 15, 2025
POPULAR
1
SEBI Discloses Search Action On A Top Mumbai Finfluencer
2
US Jobless Claims Rise, Adding To Signs of Slowing Labor Market
3
Jaishankar Meets Russian President Vladimir Putin
4
US Stock Market Today: S&P 500 Edges Lower For Fifth Day, Dow Jones Down 0.5%
5