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FADA claims, retail sales of vehicles increased by 37 percent in April, yet the auto industry is struggling

New Delhi. The Federation of Automobile Dealers Association (FADA), an organization of vehicle dealers, said on Thursday that the retail sales of vehicles in India has increased by 37 percent. This increase is in comparison to the month of April last year, when the country was battling the second wave of the Kovid epidemic.

FADA said a total of 16,27,975 vehicles were sold across categories in April, compared to 11,87,771 vehicles sold during the same period a year ago. On a yearly basis, sales across all vehicle categories, including passenger vehicles and two-wheelers, have increased this year as compared to April last year. Last month, 2,64,342 passenger vehicles were registered, up 25 per cent from 2,10,682 units in the same period a year ago.

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Sales of three wheelers increased by 96 percent
Similarly, in April 2022, 11,94,520 two-wheelers were sold, which is 38 percent higher than the same period a year ago. Last month, the sales of commercial vehicles reached 78,398 units, which is a 52 percent increase from 51,515 units in April, 2021. Sales of three wheelers grew by 96 percent in April this year as compared to April 2021, while tractor registrations grew by 26 percent.

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Auto industry facing many crises
FADA President Vinkesh Gulati said, “A comparison of April, 2019 and April, 2022 shows that we are not yet fully recovered, as overall retail sales have declined by six per cent.” He said that the Russo-Ukraine war is on and China is also under lockdown due to which the auto industry is facing supply problems, semiconductor shortage, high metal prices as well as shortage of containers.

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