India's September Vehicle Retail Sales Fall YoY, Sequentially: FADA

Lower production due to semiconductor supply shortages and a longer waiting period dented India's overall vehicle retail sales on a sequential, as well as year-on-year basis, in September 2021.

Data released by the Federation of Automobile Dealers Associations (FADA) showed a fall of 5.27 per cent during the month under review from September 2020.

The vehicle retail sales fell to 12,96,257 units last month from 13,68,307 units sold during the corresponding month of 2020.

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On sequential basis, the FADA had reported an overall vehicle retail sales figure of 13,84,711 units for August 2021.

Similarly, last month's overall retail sales figure, when compared to September 2019 (pre-pandemic) period, showed a decline of 13.50 per cent.

In September 2019, the overall vehicle retail sales stood at 14,98,585 units.

Segment wise, passenger vehicle retail sales rose 16.32 per cent during the month under review from the level of September 2020.

The PV retail sales rose to 233,308 units last month from 200,576 units sold during September 2020.