Vehicle registrations fall over 31% in April YoY; two-wheeler registration fall higher at over 35%

India's vehicle registrations declined by 31.83 per cent in April 2021 on a year-on-year (YoY) basis according to a data released by Federation of Automobile Dealers Association (FADA).  The data further said that there was a sequential decline of 28.15 per cent during the month under review. 

Vehicle registration stood at 11,85,374 units in April 2021, compared to 17,38,802 units reported for the corresponding period of last year and 16,49,678 units in March 2021. 

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Registration of personal vehicles declined by 11.56 per cent on a YoY basis to 2,08,883 units while for two-wheelers, the registration fell by 35.35 per cent to 8,65,134 units. 

Meanwhile, the tractor registration during April month went up by 3.52 per cent on a YoY basis to 38,285 units, the data released by FADA said. 

"India is currently facing one of its toughest times with 2nd wave of covid creating a havoc in everyone's life. This time, the spread is not only limited to urban markets but has also taken rural India in its grasp," an IANS report said quoting FADA President Vinkesh Gulati. 

"Unlike last year, the lockdown this time around has been imposed by state governments and not the Central government. Due to this, there has been no relief announcements which has come out till now either by the Centre or the RBI and Auto OEMs," the report further said quoting Gulati.