New Delhi, Sep 9 || Two-wheeler retail sales in India reached 13,73,675 units in August, up 2.18 per cent against 13,44,380 units in the year-ago period, even as as customers postpone purchases till September 22 when GST reforms come into effect.
According to latest data from the Federation of Automobile Dealers Associations (FADA), passenger vehicle (PV) sales were marginally up at 3,23,256 units last month compared to 3,20,291 units in August 2024.
The commercial vehicle segment witnessed a growth of 8.55 per cent at 75,592 units as compared to 69,635 units in August last year. Three-wheeler retail sales were at 1,03,105 units.
The total vehicle retail sales grew by 2.84 per cent at 19,64,547 units last month, compared to 19,10,312 units in the same month last year.
The month began on a positive note with healthy enquiries and festive bookings, but momentum slowed in the latter half as the announcement of GST 2.0 reforms led many customers to postpone purchases, anticipating a price reduction, according to FADA.