July FADA data: Total vehicle registrations down 6%
  • WebDesk BTVI
  • Aug 19 2019

July FADA numbers were declared on Monday which showed that passenger vehicle registrations went down by 11% YoY, CV vehicle registrations down by 14%, 2-wheeler vehicle registrations down by 5%. Only 3-wheeler segment went up with registrations going up by 3%. Total vehicle registrations went down by 6%. FADA has said that they are cautiously optimistic despite still weak consumer sentiment and demand.