Passenger vehicle sales decline 59% in May

Passenger vehicle sales decline 59% in May

Photo for representation only

Tribune News Service

New Delhi, June 10

Passenger vehicle (PV) retail sales in May witnessed a decline of 59% to 85,733 units as compared to April as Covid-related disruptions across states hit offtakes, automobile dealers’ body FADA said on Thursday.

According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,294 out of the 1,497 regional transport offices (RTOs), PV sales stood at 2,08,883 units in April this year.

Two-wheeler sales also declined 53% to 4,10,757 units last month, as compared to 8,65,134 units in April. — PTI

Registrations dip 55%

Total registrations across categories declined by 55% to 5,35,855 units last month compared to 11,85,374 units in April

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