New vehicle registrations down by 30% in FY2020-21

11,85,374 vehicles were sold in April 2021 compared to 17,38,802 units in the same month last year (YoY change of -31.83%).

According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle registrations fell by 30% in FY2020-21, except for tractors which grew by 16%. Total vehicle sales for the month of April 2021 declined by 28% (MoM).

Overall sales for FY2020-21 stood at 1,52,71,519 units, compared to 2,17,68,502 units in the previous fiscal. Also, 11,85,374 vehicles were sold in April 2021 compared to 17,38,802 units in the same month last year (YoY change of -31.83%).

As India battles the second wave of the Covid-19 pandemic, vehicles sales witnessed a double-digit fall in April 2021, as most states started going under lockdowns. All categories, hence, closed the month in red with two-wheelers fall -28%, three-wheelers -43%, PVs -25%, Tractors -45% and CVs -24% respectively on a MoM basis.

The tractor segment registered a de-growth of 44.58% in April 2021. 38,285 units were sold as opposed to 69,082 in March 2021.

Two-wheeler sales decreased by 27.63% to 8,65,134 units from 11,95,445 units in the previous month.

Three-wheeler sales were down by 43.11%. 21,636 units were sold compared to 38,034 units in March 2021.

Passenger vehicle sales declined by 25.33% compared to the previous month. 2,08,883 units were sold compared to 2,79,745 units in March 2021.

Commercial vehicle sales dropped by 23.65%. 51,436 units were sold in April 2021 compared to 67,372 units in the previous month.

Team-BHP's detailed analysis of the April 2021 sales figures.