Automobile dealers' body the Federation of Automobile Dealers Associations (FADA) in its latest report has said that passenger vehicle (PV) retail sales witnessed an increase of 10.59 per cent to 2,54,058 units in February 2021 as against 2,29,734 units in February 2020.
As per the report, two-wheeler sales however declined 16.08 per cent to 10,91,288 units last month, as compared to 13,00,364 units in February 2020. Commercial vehicle sales also slipped 29.53 per cent to 59,020 units, as against 83,751 units a year ago.
The FADA further noted that three-wheeler sales fell 49.65 per cent to 33,319 units last month, from 66,177 units in the year-ago period. Tractor sales, however, grew by 18.89 per cent to 61,351 units last month, against 51,602 units in the same month last year.