Retail automobile sales, including cars, two-wheelers and other categories, fell sharply by 28.64 per cent in March 2021 compared with the same month last year despite the low base of 2020, according to the registration data released by the Federation of Automobile Dealers Associations (FADA). However, registrations in March grew 10.05 per cent over February.
According to FADA, which collected vehicle registration data from 1,277 of the 1,482 regional transport offices, passenger vehicle sales stood at 2,17,879 units in March 2020. The dealers’ association warned that the lockdown in Maharashtra to contain the spread of Covid-19 will have a “catastrophic impact” on April sales as dealers will not be able to realise the potential of festivals such as Ugadi, Gudi Padwa, Baisakhi and Poila Boishakh.
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PV retail sales up 28 pc, two-wheeler registrations drop 35 pc in March: FADA
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Last Updated: Apr 08, 2021, 11:59 AM IST
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According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,277 out of the 1,482 regional transport offices (RTOs), PV sales stood at 2,17,879 units in March 2020. Two-wheeler sales, however, declined 35.26 per cent to 11,95,445 units last month, as compared to 18,46,613 units in March 2020.
Reuters
Total registrations across categories declined by 28.64 per cent to 16,49,678 units last month compared to 23,11,687 units in the year-ago period.
Automobile dealers body FADA on Thursday said passenger vehicle (PV) retail sales in March witnessed a year-on-year growth of 28.39 per cent to 2,79,745 units, as compared to the year-ago period which saw disruptions in the market due to COVID-19 led lockdown.
PV retail sales rise 28%, two-wheeler registrations dip 35% in March: FADA
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PV retail sales rise 28%, two-wheeler registrations dip 35% in March: FADA
PTI / Apr 8, 2021, 11:16 IST
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Commercial vehicle sales fell 42.2% to 67,372 units against 1,16,559 units a year ago. (Representative image)
NEW DELHI: Automobile dealers body FADA on Thursday said passenger vehicle (PV) retail sales in March witnessed a year-on-year growth of 28.39 per cent to 2,79,745 units, as compared to year-ago period which saw disruptions in the market due to Covid-19 led lockdown.
According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,277 out of the 1,482 regional transport offices (RTOs), PV sales stood at 2,17,879 units in March 2020.
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