Business Standard

June vehicle registrations dip 43% to 967,000; tractors up 10%: Report

A total of 16,93,569 vehicles were registered at regional transport offices across the country in June 2019

Tractor, consumer firms pin hopes on agricultural package to remain robust
Premium

The only bright spot amid this was the tractor segment that logged about 10% growth in registration to 44,042 units during June 2020

Press Trust of India Mumbai
The number of vehicle registrations declined 43 per cent to 967,000 in June compared to the year-ago month amid the coronavirus pandemic even as the count of tractor registrations rose last month, according to a report.
The three-wheeler segment witnessed the biggest fall last month falling around 76 per cent to 11,806 units, ICICI Securities said in the report on Friday.
However, the only bright spot amid this was the tractor segment that logged about 10 per cent growth in registration to 44,042 units during June 2020 as against 39,962 units during the corresponding month of the previous year, it said.
A total

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 17 2020 | 8:02 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com