Auto retail sales hit record high in October on GST 2.0, rural demand boost: FADA - financialexpress.com

India’s automobile retail industry hit a record high in October, with overall sales rising 40.5% year-on-year (YoY) driven by GST reform, festive and rural demand. According to a report by the Federation of Automobile Dealers Associations (FADA), the 42-day festive period covering Dussehra to Diwali posted record numbers with a 21% YoY increase, cementing it as the strongest festive cycle in…