Vehicle registrations fall 54.79% in May, sales across categories dip 66%

The apex bodies representing the dealers have appealed for relief from all vehicle makers, who are yet to announce a similar financial package like last year

Automobile registration across categories collapsed in May as localised lockdowns by various states brought the retail of vehicles to a halt.
 
Sales fell sequentially as well as year-on-year (YoY) compared to May 2019, shows the monthly registration (retail) data released by the Federation of Automobile Dealers Association (FADA). The month is not comparable to last year’s May due to the nationwide lockdown that came into force on March 22 and lasted till May 18.
 
The localised lockdown contained the damage for dealerships to some extent. But the second wave has scarred lives. There is a worrisome trend of