Passenger vehicle retail sales increase 24% in December: FADA

Automobile dealers’ body FADA on Monday said passenger vehicle (PV) retail sales in December witnessed a year-on-year increase of 23.99 percent 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 percent to 14,24,620 units last month, as compared to 12,73,318 units in December 2019. Commercial vehicle sales, however, slipped 13.52 percent to 51,454 units in December 2020, as against 59,497 units a year ago.

Similarly, three-wheeler sales fell 52.75 percent to 27,715 units last month, from 58,651 units in December 2019. Tractor sales, however, grew by 35.49 percent to 69,105 units last month, against 51,004 units in the same month of 2019.