Vehicle registration fall 28.64% YoY in March despite low base: FADA

Dealer body warns of catastrophic impact of Maharashtra lockdown on sales

Cumulative vehicle registrations across all categories fell year-on-year by 28.64 per cent in March, Federation of Automobile Dealers Association (FADA) said on Thursday. The fall comes despite last year’s low base. Auto sales had come to a standstill owing to a seven-day lockdown last March.

The registration volumes are in stark contrast to the wholesale (dispatches to dealers) volumes reported by manufacturers on  April 1. Owing to the low base of last year which came on back of a lockdown and a transition from BS-IV to BS-VI, quite a few auto firms including Maruti, Hyundai, Tata Motors, Mahindra and Mahindra,