Retail auto sales up 16% YoY in Feb but still lower than pre-Covid level

The change in onboard diagnostics and the wedding season were the key drivers of growth in the month

auto sales
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Shine Jacob Chennai
Automobile retail sales in February saw a 16 per cent jump year-on-year (YoY), shows data released by the Federation of Automobile Dealers Association (FADA). 

The change in onboard diagnostics and the wedding season were the key drivers of growth in the month. 

However, the numbers were still below the pre-Covid-19 pandemic levels. Sales in February 2023 were 8 per cent lower than the pre-covid month of February 2020. 

First Published: Mar 06 2023 | 11:10 AM IST

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