Auto registrations drop 5.27% YoY in Sept, decline sharper over 2019: FADA

YoY decline during the month was mainly due to an 11.5% and 23% drop in two-wheelers and tractor sales, respectively

Led by the low base in FY21, overall registration of  automobiles in September declined only 5.27 per cent year-on-year, said Federation of Automobile Dealers Association (FADA). But when compared to September 2019, a regular pre- Covid month, registration fell by a sharp 13.5 per cent. The YoY decline during the month was largely due to an 11.5 per cent drop and 23 per cent drop in two-wheelers and tractor sales, respectively.

Albeit on a low base, the commercial vehicle sales showed the strongest YoY rebound advancing 46 per cent. It was led by a 189 per cent growth in the