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Retail sales of passenger vehicles decreased by 59 percent in May due to Kovid-19: FADA


FADA, an association of mobile dealers, said on Thursday that retail sales of passenger vehicles (PV) declined by 59 per cent to 85,733 units in May 2021 as compared to April 2021 due to disruption caused by the second wave of the COVID-19 pandemic.

New Delhi. Automobile dealers’ body FADA on Thursday said retail sales of passenger vehicles (PV) declined by 59 per cent to 85,733 units in May 2021 as compared to April 2021, due to disruption caused by the second wave of the COVID-19 pandemic. The Federation of Automobile Dealers Associations (FADA) prepared this report by collecting data from 1,294 vehicle registrations in 1,497 Regional Transport Offices (RTOs). In April this year, 2,08,883 units of passenger vehicles were sold.

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Two-wheeler sales also declined by 53 per cent to 4,10,757 units last month as against 8,65,134 units in April, FADA said. Similarly, sales of commercial vehicles also declined by 66 per cent to 17,534 units last month as against 51,436 units in April. Three-wheeler sales last month declined 76 per cent to 5,215 units as against 21,636 units in April this year. Tractor sales also declined by 57 per cent to 16,616 units last month from 38,285 units in April.

Disclaimer:Prabhasakshi has not edited this news. This news has been published from PTI-language feed.

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