India's retail auto sector marked the strongest-ever April this year, with the Federation of Automobile Dealers Associations reporting total retail of 26.11 lakh units. This accounted for a 12.94% year-on-year jump that delivered all-time April records five of the six vehicle categories.
The two-wheeler segment led the charge in terms of volumes, retailing 19.16 lakh and registering growth of 13.01% on a yearly basis. Both urban and rural markets registered double-digit growth, supported further by the marriage season, healthy rabi-cycle rural liquidity and post-GST 2.0 affordability gains.
