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