Retail vehicle sales up 37% in April

By on August 10, 2022 0

New Delhi. The car dealers’ body, the Federation of Automobile Dealers Associations (FADA), said on Thursday that retail sales of vehicles in India had increased by 37%. This increase is compared to April last year when the country was battling the second wave of the Covid-19 coronavirus outbreak.

FADA said a total of 16,27,975 vehicles were sold across all categories in April, compared to 11,87,771 vehicles sold in the same period a year ago. Year-over-year, sales of all vehicle categories, including passenger vehicles and two-wheelers, were up this year compared to April last year.

Last month, 2,64,342 passenger vehicles were registered, up 25% from 2,10,682 units in the same period a year ago. Similarly, in April 2022, 11,94,520 two-wheelers were sold, 38% more than the same period a year ago.

Retail sales of commercial vehicles last month were 78,398 units, up 52% ​​from 51,515 units in April 2021. Sales of three-wheelers were up 96% in April this year compared to April 2021, while tractor registrations increased by 26%. percent.

Vinkesh Gulati, Chairman of FADA, said: “A comparison between April 2019 and April 2022 shows that we are not yet fully recovered as overall retail sales have declined by 6%. He said the Russian-Ukrainian war is ongoing and China is also stuck due to which the auto industry is facing supply constraints, shortage of semiconductors, high metal prices as well as a shortage of containers, he said.