Tag: car sales 2020 india

While wholesale despatches have proven development for the previous few months, retail vehicle gross sales registered development in December — first time to date this fiscal.
According to knowledge launched by the Federation of Automobile Dealers Associations (FADA) on Monday, retail gross sales throughout classes grew 11 per cent throughout December on a year-on-year (y-o-y) foundation.
The development was on the again of an excellent crop season, higher provides within the two-wheeler phase, new launches each in passenger automobile in addition to two-wheeler segments and a worry of worth improve in January.

While retail gross sales of PV had proven development in earlier months additionally, December for the primary time noticed gross sales of two-wheelers transfer into the constructive territory, rising by 12 per cent y-o-y.
The gross sales development isn’t a surprise as being the calendar 12 months ending month sellers clear their shares as shoppers favor new 12 months manufactured automobiles. To push gross sales in the course of the month each producers and sellers provide reductions that are higher than earlier months. —FE

Automobile sellers’ physique FADA on Monday mentioned passenger car (PV) retail gross sales in December witnessed a year-on-year improve of 23.99 per cent to 2,71,249 items.
According to the Federation of Automobile Dealers Associations (FADA), which collected car registration information from 1,270 out of the 1,477 regional transport places of work (RTOs), PV gross sales stood at 2,18,775 items in December 2019.
Two-wheeler gross sales elevated 11.88 per cent to 14,24,620 items final month, as in comparison with 12,73,318 items in December 2019.

Commercial car gross sales, nonetheless, slipped 13.52 per cent to 51,454 items in December 2020, as towards 59,497 items a yr in the past.
Similarly, three-wheeler gross sales fell 52.75 per cent to 27,715 items final month, from 58,651 items in December 2019.
Tractor gross sales, nonetheless, grew by 35.49 per cent to 69,105 items final month, towards 51,004 items in the identical month of 2019.

Total gross sales throughout classes elevated 11.01 per cent to 18,44,143 items final month in comparison with 16,61,245 items in December 2019.