FADA Announces May’19 Vehicle Registration Data

BW Online Bureau Jun 17, 2019

The Federation of Automobile Dealers Associations (FADA) has released the Monthly Vehicle Registration Data for the Month of May’19. It reveals that the sales of passenger vehicles (PV) in May saw a dip of 1 percent to 2,51,049 units as compared to the same period last year.

According to the report of the Federation of Automobile Dealers Associations (FADA), PV sales stood at 2,53,463 units in May 2018. Sales of two-wheelers also dropped by 8.6 percent to 14,07,361 units against 15,40,377 units in May last year. Sales of Commercial Vehicle dropped by 7.8 percent to 62,551 units last month from against 67,847 units in the same period last year.

Three-wheeler sales declined by 4 percent to 50,959 units last month from 53,108 units in the same month last year. Total sales across categories declined by 7.5 percent to 17,71,920 units in May as against 19,14,795 units in the same period last year.

Commenting on May’19 performance, F A D A President, Mr. Ashish Harsharaj Kale said, “Even though on an MoM basis, there was an uptick in Vehicle Registrations, all categories of Vehicles de-grew when compared on YoY basis. It should also be noted that May last year had a very high base and had witnessed 2nd highest registrations on a monthly basis in the last fiscal.”