April automatic check-ins drop 32% due to lockdowns for Covid: Association
Auto registrations across the country fell 32% last month from April 2019, with passenger cars dropping more than 11%, the Federation of Automobile Dealers Associations (FADA) said on Monday.
FADA President Vinkesh Gulati said the second wave of Covid-19 is spreading beyond urban areas to rural belts, causing enrollments to drop across the country.
âIndia is currently facing one of its most difficult times with the second wave of Covid wreaking havoc,â he said.
Data released by FADA showed that three-wheeler registrations were down 55.59% with 21,636 registrations in April 2021 compared to 48,722 in April 2019.
Commercial vehicles were down 34.58 percent to 51,436 registrations from 78,630 during the same period.
Two-wheeler registrations totaled 8.65 lakh last month compared to 13.38 lakh in April 2019, marking a drop of 35.35%.
Passenger vehicle registrations edged down 11.56 percent to 2.08 lakh from 2.36 lakh two years ago.
However, tractor registrations rose 3.52% to 38,285 last month, from 36,984 in April 2019.
This brought the total number of vehicle registrations to 11.85 lakh in April 2021, down 31.83% from 17.38 lakh in April 2019.
“Overall, FADA is therefore maintaining a slow pace for the month of May, with most states announcing the extension of the lockdown until the end of the month,” Gulati said.
Dealers see an overall recovery from FY21 lows to only hit FY19 highs by FY23, he added.
FADA India represents over 15,000 car dealers and 25,000 dealerships, including 30 car dealership associations at regional, national and municipal levels, accounting for 90 percent of the market share.