Vehicle registration trend weak in August too, says FADA
Auto vehicle registration in the month of August continued its downward march as retail slipped 26.81 pct according to data provided by Federation Of Automobile Dealers Associations (FADA). On a brighter side, registrations were up 3.8 pct in comparison to July 2020. Vehicle Registrations for August showed improvement due to ongoing festivities
Two-Wheeler registrations were down by 28.71%, 3-Wheeler by -69.51%, CV by -57.39% and PV by -7.12%. Tractor registrations continued its positive momentum and registered 27.80% growth. Source: reuters