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

NEW DELHI: Vehicle sellers’ physique FADA on Thursday mentioned passenger automobile (PV) retail gross sales in March witnessed a year-on-year development of 28.39 per cent to 2,79,745 items, as in comparison with year-ago interval which noticed disruptions available in the market because of Covid-19 led lockdown.
In keeping with the Federation of Vehicle Sellers Associations (FADA), which collected automobile registration knowledge from 1,277 out of the 1,482 regional transport workplaces (RTOs), PV gross sales stood at 2,17,879 items in March 2020.
Two-wheeler gross sales, nonetheless, declined 35.26 per cent to 11,95,445 items final month, as in comparison with 18,46,613 items in March 2020.
Business automobile gross sales additionally fell 42.2 per cent to 67,372 items towards 1,16,559 items a yr 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, nonetheless, grew by 29.21 per cent to 69,082 items final month, towards 53,463 items in the identical month final yr.
Complete 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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