Passenger vehicle sales increased by 69.95% compared to H1 2020.
According to the data released by the Federation of Automobile Dealers Associations (FADA), vehicle retail sales were down by 5.27% in September 2021, compared to the same month last year.
Overall sales for the month of September 2021 stood at 12,96,257 units, compared to 13,68,307 units in September 2020. However, compared to September 2019, when 14,98,585 units were sold, total vehicle retails have fallen by 13.50%.
The entry-level 2-wheeler segment is yet to witness growth. The chip shortage has also started impacting the 150+ cc segment. The 3-wheeler segment is showing signs of a shift from ICE to EVs, with EVs outselling ICE 3-wheelers by 60:40.
The tractor segment registered a growth of 13.71% in H1 2021. 3,14,221 units were sold as opposed to 2,76,338 in H1 2020.
Two-wheeler sales increased by 27.20% to 52,31,441 units from 41,12,656 units in H1 2020.
Three-wheeler sales were up by 68.61% in H1 2021. 1,36,526 units were sold compared to 80,970 units in H1 2020.
Passenger vehicle sales increased by 69.95% compared to H1 2020. 12,34,340 units were sold compared to 7,26,289 units.
Commercial vehicle sales increased by 126.89%. 2,69,033 units were sold in H1 2021 compared to 1,18,574 units.
Team-BHP’s detailed analysis of the September 2021 sales figures.
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