The worrying sign in auto sale figure: Passenger vehicle registration dips

The industry has clocked 6% growth in wholesales

Retail car sales seem to be declining this financial year in spite of a six per cent expansion in wholesale numbers reported by manufacturers. Data from Federation of Automobile Dealers Association (FADA) shows that total registration of passenger vehicles (cars, vans and utility vehicles) has declined by more than a per cent to 1.62 million units during April 1-November 20 this year, becoming the only segment of automobile industry to see a dip in registrations.  

FADA, the apex body of automobile retail industry, said on Friday that registration of two-wheelers grew by 5.3 per cent to 9.31 million units