Home NEWS Indian auto retail declines 8% in April, Auto News, ET Auto

Indian auto retail declines 8% in April, Auto News, ET Auto

New Delhi: Indian automobile retail sales decline in April as all segments collectively registered de-growth of 8 per cent YoY to 16,38,470 units. The retail number in April 2018 stood at 17,86,994 units, as per the data by Federation of Automobile Dealers Associations (FADA).

The data has been collated in collaboration with Ministry of Road Transport & Highways,Government of India and gathered from 1,171 out of 1,442 RTOs.

Ashish Harsharaj Kale, President, FADA said, “The month of April ended on a negative note. Amongst the categories on a YoY basis, Commercial Vehicles and Three Wheelers, which registered highest growth during FY’19 witnessed highest fall in the month of April, while 2W and PV De-grew -9 per cent and -2 per cent respectively.”

On a YoY basis, there was a decline in all the categories as April’18 had a very high base. Passenger vehicle retail sales declined 2 per cent to 2,42,457 units in April 2019 as against 2,47,278 units in the same month last year.

CategoryApr’19Apr’18YoY %
Two-Wheeler12,85,47014,09,662-9%
Three-Wheeler47,18354,432-13%
Commercial Vehicles63,36075,622-16%
Passenger Vehicles2,42,4572,47,278-2%
Total16,38,47017,86,994-8%

Two wheeler on other hand declined 9 per cent YoY to 12,85,470 units.The only positive and that too on a MoM basis was shown by Commercial Vehicles category which grew by 2 per cent.

Source link

Must Read

2020 Ford Explorer Police Interceptor Hybrid Review – MotorTrend

Ford had some standard hybrids at its test track in Dearborn for us to take a quick spin. Explorers are modified to become Interceptors,...

GWKFest: The Final Roll, A Final Take – Speedhunters

NostalgiaAs you’ve hopefully gathered, the inaugural Golden Week Kyusha Festival featured a beautiful display of old Japanese cars. Going a bit deeper, it was an awesome...

Late In The Day: The Road To Wörthersee – Speedhunters

This has been a pretty wild few weeks of road trips. Ireland to Goodwood, Ireland to Germany, Germany to Belgium and now Germany to Austria. For...

2020 Lincoln Corsair Pricing Starts in High 30s, Can Speed Past $60K | News

We were wowed by the 2020 Lincoln Corsair with its classy styling and interior that bring to a compact SUV the design flourishes of...

All segments production, sales skid to negative, Auto News, ET Auto

New Delhi: The cautious attitude of customers, political uncertainty and negative shadow of tightened liquidity and higher insurance cost dragged down the new vehicle...