Automobile retail sales see double-digit growth in FY23; PV offtake at record high

Total retail sales rose to 2,21,50,222 units last fiscal, up 21 per cent from 1,83,27,326 units in FY22. The passenger vehicle registrations rose by 23 per cent to 36,20,039 units, as against 29,42,273 units in 2021-22.

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