In July, retail sales of PVs down by 25 pc

According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,235 out of the 1,445 regional transport offices (RTOs), PV sales stood at 2,10,377 units in July 2019.

Two-wheeler sales declined 37.47 per cent to 8,74,638 units last month as compared to 13,98,702 units in July 2019. Commercial vehicle sales declined 72.18 per cent to 19,293 units as compared to 69,338 units in July 2019. Three-wheeler sales declined by 74.33 per cent to 15,132 units last month as compared with 58,940 units in July 2019. Total sales across categories declined 36.27 per cent to 11,42,633 units last month as against 17,92,879 units in the year-ago month.

Ashish Harsharaj Kale, President, FADA, said as the country continues to open up, last month saw better registrations compared to June, though on a year on year basis auto sector recovery is yet to be seen anywhere near normal. Current market conditions are still not indicative of the actual demand situation on an all India level and retails continue to de-grow in huge double digit despite the low base of last year.

Rural market though continues to show strong sales growth for tractor, small commercial vehicles and motorcycle segments as monsoon continues its good spell, Kale said.

On sales outlook for August, he said if there were no further lockdowns, especially in auto manufacturing hubs, the outlook for the month is positive in comparison to July.