Auto retail sales surge to all-time high of over 52 lakh units in 42-day festive period: FADA

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India's auto retail achieved record sales during the recent 42-day festive period. Passenger vehicles and two-wheelers saw significant year-on-year growth. This surge followed a GST rejig that lowered prices. Dealers reported strong demand across segments. October also witnessed all-time high monthly sales for both passenger vehicles and two-wheelers. The positive outlook continues for the next three months.