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Auto retail skids in April amid rising Covid-19 cases, local lockdowns

Auto retail skids in April amid rising Covid-19 cases, local lockdowns
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Vehicle registrations, which are a proxy for retail, fell by 28% compared to March with even the fast-growing tractor segment seeing a decline. A comparison cannot be drawn with April 2020 since sales were nil then due to a nationwide lockdown to contain the pandemic.
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During April, two-wheeler registrations declined by 28% compared to March, while passenger vehicle registrations were down 25%.
Automobile retail, which had been on the road to recovery from the impact of the Covid-19 pandemic, slowed down in April when a rapid surge in infections prompted many states to impose fresh lockdowns and consumer sentiment dipped. ....

Vinkesh Gulati , Federation Of Automotive Dealer Associations , Automotive Dealer , கூட்டமைப்பு ஆஃப் தானியங்கி வியாபாரி சங்கங்கள் , தானியங்கி வியாபாரி ,

Passenger vehicle sales up 23% in February as industry records growth for the 7th straight month

Passenger vehicle sales up 23% in February as industry records growth for the 7th straight month
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Market leader Maruti Suzuki sold 144,700 passenger vehicles during the month, a year-on-year growth of 8%. Its market share improved by 116 basis points over January to 46.9% but was considerably lower than 53.3% achieved in February 2020.
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Automakers may have sold more units during the month if not for supply chain constraints, especially for semiconductors.
Passenger vehicle wholesale in the Indian market continued to grow year-on-year for the seventh straight month in February while commercial vehicle sales too registered a growth as economic activity gathers steam. ....

Madhya Pradesh , Naveen Soni , Tata Motors , Federation Of Automotive Dealer Associations , Toyota Kirloskar , Automotive Dealer Associations , Car Sales , Passenger Vehicle Sales , Auto Industry , மத்யா பிரதேஷ் , நவீன் சோனி , டாடா மோட்டார்கள் , கூட்டமைப்பு ஆஃப் தானியங்கி வியாபாரி சங்கங்கள் , டொயோட்டா கிர்லோஸ்கர் , தானியங்கி வியாபாரி சங்கங்கள் , கார் விற்பனை , பயணிகள் வாகனம் விற்பனை , ஆட்டோ தொழில் ,