Passenger vehicle sales up 28% in March over last year
Two-wheeler sales register a 35% decline over last year
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% 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.
Two-wheeler sales, however, declined 35.26% to 11,95,445 units last month, as compared to 18,46,613 units in March 2020.
Commercial vehicle sales also fell 42.2% to 67,372 units against 1,16,559 units a year ago.
Similarly, three-wheeler sales dropped 50.72% to 38,034 units last month from 77,173 units in the year-ago period. Tractor sales, however, grew by 29.21% to 69,082 units last month, against 53,463 units in the same month last year. Total registrations across categories declined by 28.64% to 16,49,678 units last month compared to 23,11,687 units in the year-ago period.
Download Money9 App for the latest updates on Personal Finance.
