As per the retail registration number shared by FADA, vehicle registrations in India fell by 9.66% in Jan 2021. Tractor industry still shows a growth of 11.14%.
Highest decline has been see in the 3 wheeler segment which went down by 51.31%.
Passenger car registration was down by 4.46%, most of which could be due to the slow down of production of cars as most manufacturer’s faced shortage of semi-conductors. Join the world’s largest network of professionals from the auto industry www.autoretailpro.com/joinus