Car sales rise but 2-wheelers drag sector into the red: FADA data

According to FADA data, two-wheeler numbers dropped 16% in February, while passenger vehicles' grew 10.5%

Retail sales of passenger vehicles grew by a robust 10.59 per cent in February 2021, helped by the low base of last year, while for two-wheelers, it dropped by around 16 per cent.

This led to an overall fall in automobile sales by 13.43 per cent in February to 14,99,036 units from 17,31,628 units in the same period last year.

According to Federation of Automobile Dealers Association (FADA) data, passenger vehicles registered sales of 254,058 units as compared to 229,734 units a year ago. Sales had grown for the first time this fiscal year in December only to fall again