November 5, 2024

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Passenger automobile retail gross sales rise 28%, two-wheeler registrations dip 35% in March: FADA

Automobile sellers’ physique FADA on Thursday stated passenger automobile (PV) retail gross sales in March witnessed a year-on-year development of 28.39 per cent to 2,79,745 models, as in comparison with year-ago interval which noticed disruptions out there because of COVID-19 led lockdown.
According to the Federation of Automobile Dealers Associations (FADA), which collected automobile registration information from 1,277 out of the 1,482 regional transport workplaces (RTOs), PV gross sales stood at 2,17,879 models in March 2020.
Two-wheeler gross sales, nevertheless, declined 35.26 per cent to 11,95,445 models final month, as in comparison with 18,46,613 models in March 2020.

Commercial automobile gross sales additionally fell 42.2 per cent to 67,372 models towards 1,16,559 models a 12 months in the past.
Similarly, three-wheeler gross sales dropped 50.72 per cent to 38,034 models final month from 77,173 models within the year-ago interval.

Tractor gross sales, nevertheless, grew by 29.21 per cent to 69,082 models final month, towards 53,463 models in the identical month final 12 months.
Total registrations throughout classes declined by 28.64 per cent to 16,49,678 models final month in comparison with 23,11,687 models within the year-ago interval.

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