Total vehicle registrations slip 30 per cent in FY21
Passenger vehicles (PV) registrations were at 23,86,316 units last fiscal, as against 27,73,514 units in FY20, down 13.96 per cent
New Delhi: The total vehicle registrations in India fell by 29.85 per cent to 1,52,71,519 units in financial year 2020-21, the lowest in the last eight years, the Federation of Automobile Dealers Associations (FADA) said on Monday.
Total vehicle registrations were at 2,17,68,502 units in fiscal year 2019-20. All categories of vehicles, except tractors were in red in FY21 with two-wheeler (2W), three-wheeler (3W), commercial vehicles (CV) and passenger vehicles (PV) falling by 31.51 per cent, 64.12 per cent, 49.05 per cent and 13.96 per cent respectively — the lowest in last eight years and way below the FY13 levels, FADA said in a statement.
Passenger vehicles (PV) registrations were at 23,86,316 units last fiscal, as against 27,73,514 units in FY20, down 13.96 per cent, while those of two-wheelers dipped 31.51 per cent to 1,15,33,336 units as compared to 1,68,38,965 units in the previous fiscal.
Three-wheeler registrations in FY21 were down 64.12 per cent at 2,58,174 units, as compared to 7,19,594 per cent in FY20, while CV registrations were at 4,48,914 units as against 8,81,114 units, a decline of 49.05 per cent, FADA said. Tractor registrations, however, grew by 16.11 per cent last fiscal at 6,44,779 units as compared to 5,55,315 units in 2019-20, it added.
As for April 2021, FADA said since India was under complete lockdown in April 2020 and not a single vehicle could be sold, a year-on-year comparison is not possible. When compared to the previous month of March, FADA said in April 2021 total vehicle registrations were down 28.15 per cent at 11,85,374 units versus 16,49,678 units.
PV registrations were down 25.33 per cent at 2,08,883 units in April, as against 2,79,745 units in March this year, while those of 2W declined by 27.63 per cent at 8,65,134 units, as against 11,95,445 in the previous month, it added.
Registrations of CV were at 51,436 units in April as compared to 67,372 units in March, down 23.65 per cent. Tractor registrations also witnessed a dip of 44.58 per cent last month at 38,285 units, as compared to 69,082 units in March this year, the automotive dealers body said.
Commenting on the current situation, FADA President Vinkesh Gulati said, “India is currently facing one of its toughest times with the second wave of COVID creating havoc in everyone’s life. This time, the spread is not only limited to urban markets but has also taken rural India in its grasp.” Auto registrations in April witnessed double-digit fall as most of the Indian states started going under lockdown, partial as well as full, beginning April 5 onwards, he added.
