On a YoY basis, overall Vehicle Registrations rise by 2%. 2-Wheeler was up 3%, 3-Wheeler was up 20%, PV was up 1% and CV registered a de-growth of -8% as per FADA.
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Key Findings from FADA’s Online Members Survey on Inventory
- Average inventory for PVs ranges from 25–30 days (25–30 days in Oct’19)
- Average inventory for 2W ranges from 35–40 days (35–40 days in Oct’19)
- Average inventory for CV ranges from 35–40 days (40–45 days in Oct’19)
Survey on Liquidity
- 53% Dealers rated it Neutral (41% in Oct’19)
- 30% Dealers rated it Bad (10% in Oct’19)
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