Low base pushes passenger vehicle retail sales up 10.6% in Feb; two-wheelers down 16.08%
Sales had grown for the first time in this fiscal in December only to decline again in January
Sumant Banerji | March 10, 2021 | Updated 23:45 IST
Data collated by Federation of Automobile Dealers Association showed passenger vehicles registered sales of 254,058 units last month, which indicated clear momentum in the revival story
Retail sales in passenger vehicles grew by a robust 10.59 percent in February helped by a low base of last year when the market was getting ready for the transition from BS IV to BS VI emissions regime. Sustained weakness in two-wheelers, which declined by over 16 percent however pushed the overall automobile sales down by 13.43 percent.
According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,273 out of the 1,480 regional transport offices (RTOs), PV sales stood at 2,94,817 units in January 2020.
Passenger vehicle retail sales up 24% in December: FADA
According to the Federation of Automobile Dealers Associations (FADA), PV sales stood at 2,18,775 units in December 2019
PTI | January 11, 2021 | Updated 15:02 IST
Automobile dealers body FADA on Monday said passenger vehicle (PV) retail sales in December witnessed a year-on-year increase of 23.99 per cent to 2,71,249 units.
According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,270 out of the 1,477 regional transport offices (RTOs), PV sales stood at 2,18,775 units in December 2019.
Two-wheeler sales increased 11.88 per cent to 14,24,620 units last month, as compared to 12,73,318 units in December 2019.
Commercial vehicle sales, however, slipped 13.52 per cent to 51,454 units in December 2020, as against 59,497 units a year ago.