Automobile dealers' body the Federation of Automobile Dealers Associations (FADA) has said that passenger vehicle (PV) retail sales witnessed a year-on-year decline of 4.46 percent to 2,81,666 units in January 2021, as semiconductor shortage impacted the segment. PV sales stood at 2,94,817 units in January 2020.
Two-wheeler sales declined 8.78 percent to 11,63,322 units in January 2021, as compared to 12,75,308 units in January 2020. Commercial vehicle sales also slipped 24.99 percent to 55,835 units, as against 74,439 units a year ago. Similarly, three-wheeler sales fell 51.31 percent to 31,059 units last month, from 63,785 units in the year-ago period.
However, tractor sales grew by 11.14 percent to 60,754 units last month, against 54,662 units in the same month the previous year. Total sales across categories declined 9.66 percent to 15,92,636 units last month compared to 17,63,011 units in the year-ago period.