Automobile dealers' body, the Federation of Automobile Dealers Associations (FADA) in its latest report has showed that passenger vehicle (PV) retail sales witnessed a year-on-year decline of 8.8 per cent to 2,49,860 units in October 2020 as compared to 2,73,980 units in October 2019, as registrations slowed down owing to supply issues.
As per the report, two-wheeler sales also fell 26.82 per cent to 10,41,682 units last month as compared to 14,23,394 units in October 2019, while commercial vehicle sales slipped 30.32 per cent to 44,480 units as against 63,837 units a year ago.
Further, three-wheeler sales fell 64.5 per cent to 22,381 units last month from 63,042 units in the year-ago period. However, tractor sales grew by 55 per cent to 55,146 units last month as against 35,456 units in the same month last year.