India, May 8 -- Despite continuous growth in the Indian automotive market, the Federation of Automobile Dealers Associations (FADA) have sounded alarm for the future. The industry body reported total vehicle retail sales in India rose 27 per cent year-on-year to 22,06,070 units in April as all segments, including passenger vehicles and two-wheelers, witnessed growth.

However, Manish Raj Singhania, President, FADA, cautioned that May could see a downfall in retails. Singhania emphasised that ongoing election uncertainty continues to impact market sentiment, leading to delayed customer conversions and stalled purchasing decisions. Additionally, financial constraints, extreme temperatures and commercial vehicle overcapacity may hinder growt...