Passenger vehicle retail sales up 28 pc, two-wheeler registrations drop 35% in March: FADA

Automobile dealers’ body FADA on April 8 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 the year-ago period which saw dis

Automobile dealers’ body FADA on April 8 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 the 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.