Passenger Vehicle Sales Grow 43% In June 2021: FADA

FADA (Federation of Automobile Dealers Associations) announces the sales and registration report for June 2021 (retails sales). According to the report, the passenger vehicle sales grow 43 per cent as compared to the June 2020 sales.

Also, the monthly growth of vehicle sales grew 55 per cent in the last month as compared to the May 2021 sales which stood at 5,35,855 units.

Vehicle Sales & Registration Report For June 2021 (M-o-M)

Brands June 2021 May 2021 Growth
Two-Wheelers 4,15,366 4,10,757 1.11%
Three-Wheelers 1,96,668 5,215 97.35%
Passenger-Vehicle 1,84,134 85,733 53.44%
Tractor 52,261 16,616 68.21%
Commercial Vehicle (Overall) 35,700 17,534 50.89%
Light Commercial Vehicle 21,650 9,411 56.53%
Medium Commercial Vehicle 2,091 915 56.24%
Heavy Commercial Vehicle 9,575 6,233 34.90%
Others 2,384 975 59.10%
Total 12,17,151 5,35,855 55.97%

Vehicle Sales & Registration Report For June 2021 (Y-o-Y)

Segment June 2021 June 2020 Growth
Two-Wheelers 9,30,324 7,95,819 16.90%
Three-Wheeler 14,732 12,077 21.98%
Passenger-Vehicle 1,84,134 1,28,360 43.45%
Tractor 52,261 45,735 14.27%
Commercial Vehicle (Overall) 35,700 10,619 236.19%
Light Commercial Vehicle 21,650 8,428 156.88%
Medium Commercial Vehicle 2,091 78 2580.77%
Heavy Commercial Vehicle 9,575 346 2667.34%
Others 2,384 1,767 34.92%
Total 12,17,151 9,92,610 22.62%

Segment-Wise Sales & Registration Report For June 2021

Two Wheelers:

Three Wheelers:

Passenger Four Wheelers:

Commercial Vehicles:

Tractors:

Commenting on how June'21 performed, FADA President, Mr Vinkesh Gulati said, "The month of June witnessed re-opening for most of the states except the ones in South. Due to this, the industry witnessed a high pent up demand which was stuck in the system because of statewide lockdowns."

Regarding car and bike sales for June 2021, he further stated, "While all the categories were in green, Passenger Vehicles maintains to see good demand as customers continued to show keenness in vehicles for observing social distancing and safety of their families. Two Wheeler category though in green has witnessed a softer recovery as the rural market is taking time to get back from post covid stress."

He further added, "The commercial vehicle segment has seen staggering growth over last year, though on a very low base as there were product shortages due to BS-6 transition."

"Overall, the industry is still not out of the woods. When compared to June'19, we are still in red by -28% with 3W and CVs taking the max hit as they are down by -70% and -45% respectively. Only Tractors continue to grow as it was up 27% compared to June'19," he concluded.

Thoughts About The Vehicle Sales & Registrations FADA Report June 2021

The Automotive Industry has bounced back as compared to the monthly and yearly sales in June 2021. The Commercial Vehicle has seen a sharp increase in demand as compared to the sales from the same month last year. According to FADA's report for June 2021, the overall monthly sales have grown over 55 per cent, which is an amazing comeback during these testing times in India.

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Read more on: #sales
Article Published On: Friday, July 9, 2021, 21:55 [IST]
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