PV Retail Sales Rise 28 Pc Two Wheeler Registrations Dip 35 Pc In March FADA

    Vehicle sellers’ physique FADA on Thursday stated passenger car (PV) retail gross sales in March witnessed a year-on-year progress of 28.39 per cent to 2,79,745 items, as in comparison with year-ago interval which noticed disruptions available in the market as a result of COVID-19 led lockdown.

    Based on the Federation of Vehicle Sellers Associations (FADA), which collected car registration information from 1,277 out of the 1,482 regional transport places of work (RTOs), PV gross sales stood at 2,17,879 items in March 2020.

    Two-wheeler gross sales, nevertheless, declined 35.26 per cent to 11,95,445 items final month, as in comparison with 18,46,613 items in March 2020.

    Business car gross sales additionally fell 42.2 per cent to 67,372 items towards 1,16,559 items a 12 months in the past.

    Equally, three-wheeler gross sales dropped 50.72 per cent to 38,034 items final month from 77,173 items within the year-ago interval.

    Tractor gross sales, nevertheless, grew by 29.21 per cent to 69,082 items final month, towards 53,463 items in the identical month final 12 months.

    Whole registrations throughout classes declined by 28.64 per cent to 16,49,678 items final month in comparison with 23,11,687 items within the year-ago interval. 


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