India retail vehicle sales jump 25.3% in March, dealers flag near-term West Asia supply risks


April 6 (Reuters) – India’s auto dealers warned ‌of possible supply ‌disruptions in the near ​term, from the West Asia conflict, even as Indian ‌retail vehicle ⁠sales rose 25.28% in March, ⁠closing the financial year on a ​strong note ​on ​sustained momentum ‌from tax cuts that improved affordability, the Federation of Automobile Dealers Associations (FADA) said ‌on Monday.

Passenger ​vehicle sales ​rose ​21.48% year-over-year ‌in March, while two-wheeler ​sales ​rose 28.68% and commercial vehicle sales ​rose ‌15.12%, FADA said.

(Reporting ​by Meenakshi Maidas ​in Bengaluru)



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