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.
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.