Filter Your Search

  • PRODUCTS
    • Accessories
    • Batteries
    • Body & Exterior parts
    • Brake Parts
    • Chassis & Suspension
    • Drive Transmission & Steering Parts
    • Electrical & Electronic
    • Engine Parts
    • Forgings & castings
    • Garage Equipments
    • Instruments
    • Interior Parts
    • Locks & Switches
    • Oil & Lubricants
    • Powertrain
    • Rubber & Plastic parts
    • Tyres
  • OEM
    • AMW
    • Ashok Leyland
    • Aston Martin
    • Atul Auto
    • Audi
    • Avan Motors India
    • Bajaj Auto
    • Bentley Motors Limited
    • BMW
    • Chrysler
    • Daimler
    • DSK
    • Ducati
    • Eicher
    • Escorts
    • Ferrari
    • Fiat
    • Force Motors
    • Ford
    • General Motors
    • Goenka Electric Motor Vehicles
    • Harley-Davidson
    • Hero Electric
    • Hero Electric India
    • Hero MotoCorp
    • Hindustan Motors
    • HMSI
    • Honda
    • Hyundai
    • India Yamaha Motors
    • International Cars & Motors
    • Isuzu Motors
    • Jaguar Land Rover
    • JBM Group
    • JCB India
    • John Deere
    • Kawasaki
    • Kia Motors
    • Kinetic
    • KTM
    • Lamborghini
    • Lexus India
    • Lohia Auto
    • Mahindra
    • MAN Trucks India
    • Maruti
    • Maserati
    • Mazda
    • Mercedes-Benz
    • MG Motor
    • Mitsubishi
    • Nebula Automotive
    • New Holland
    • Nissan Motor India
    • Okinawa
    • Olectra- BYD
    • Piaggio
    • Polaris
    • Porsche
    • Premier
    • PSA Peugeot Citroen
    • Renault India Pvt Ltd
    • Rolls-Royce
    • Royal Enfield
    • Scania
    • Skoda
    • Sonalika
    • Suzuki Motorcycle
    • TAFE
    • Tata
    • Toyota
    • Triumph Motorcycles India
    • TVS
    • Twenty Two Motors
    • UM Lohia Two Wheelers Pvt Ltd
    • UM Motorcycles
    • VECV
    • Volkswagen
    • Volvo
    • Volvo Group India Pvt Ltd
  • NEWS
    • Associations and Bodies
    • Awards & Inaugurations
    • Commercial Vehicles
    • Conferences & conventions
    • Corporate Profiles
    • Dealer Meets
    • Electric & Hybrid vehicles
    • Exhibitions
    • Financial Results
    • M & A and Collaborations
    • Management Changes
    • Milestones
    • Miscellaneous News
    • New Launches
    • Policy & Economy
    • Races & Rallies
    • Retail Sales & Services
    • Surveys & Reports
    • Two & Three Wheelers
Archives

Vehicle registration decline in September too

02/11/2019 | Author: Autoguide | 0 Comments Back To Home   < Previous News   |   Next news >

Reports FADA

The auto registration for the month of September fell to a new low reflecting weakness in customer sentiment even with the onset of festival season and never-seen-before discounts, according to the monthly data released by the Federation of Automobile Dealers Associations (FADA).
 
It said the continuance of heavy monsoons and Shradh period within the month also contributes to subdued retails.
 
On a Y-o-Y basis, the overall vehicle registrations fell by 12.9 per cent. The two-wheeler segment was down by 12.1 per cent, CV 18.5 pc, passenger vehicles 20.1 per cent and three-wheelers saw a marginal growth of 1.8 per cent. 
 
The PV inventory, said a FADA release, rose marginally in anticipation of a good festival demand and CV inventory reduced marginally in preparation for BS-VI. The two-wheeler inventory continues to be at very high levels.
 
With mandatory BS-VI implementation just five months away and demand still not very strong, FADA has advocated restrained wholesale billing to its members and again urged OEMs to regulate wholesale billing.
 
The festival season had seen a lackluster demand till date till the time of release of the data. 
 
Mr Ashish Harsharaj Kale, President of FADA, said, “FADA believed September to be a transition month into positivity with continued monsoon and measure after measures being announced by the Government. The auto industry retails were under pressure during the month and de-growth was on expected lines.”
 
The complete effects of positive measures announced by the Government were still not visible at the retail levels in the month of September, he said.
 

Move To Top  < Previous News   |   Next news >

 

Leave a Comment


Not readable? Change text.

Comments