Automobile dealers’ body FADA on Thursday said passenger vehicle (PV) retail sales in January declined 4.61per cent to 2,90,879 units as compared to same month last year, hit by tepid response by end customers. As per the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,223 out of the 1,432 regional transport offices (RTOs), PV sales stood at 3,04,929 units in January 2019.
Two-wheeler sales declined 8.82 per cent to 12, 67,366 units last month as compared with 13, 89,951 units in January 2019. Commercial vehicle sales declined 6.89 per cent to 82,187 units as compared to 88,271 units in January 2019. Three-wheeler sales, however, rose 9.17 per cent to 63,514 units last month as compared with 58,178 units in January 2019. Total sales across categories declined 7.17percent to 17,50,116 units last month as against 18,85,253 units in the year-ago month.
Auto sales continue to be in the negative territory in the month of January,except for three wheelers, with many consumers still not concluding on their decisions.
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