India Business News: Passenger vehicle (PV) retail sales in May witnessed a decline of 59 per cent to 85,733 units as compared to April as Covid-19 related disruptions acr
All the segments were hit last month as showrooms across various states were forced to down shutters amid the pandemic led restrictions. Total registrations across categories in May dropped to 5,35,855 units as compared to 11,85,374 units in April this year.
India s overall vehicle registrations declined by 54.79 per cent on a sequential basis in May 2021.Similarly, the data released by the Federation of Automobile Dealers Associations (FADA) showed a decline of 70.60 per cent during the month .
India s overall vehicle registrations declined by 54.79 per cent on a sequential basis in May 2021.Similarly, the data released by the Federation of Automobile Dealers Associations (FADA) showed a decline of 70.60 per cent during the month .