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Passenger Car Registrations Beat Pre-Covid Level For Fourth Straight Month
Overall vehicle registrations declined 14.4% month-on-month and 9.6% over the year earlier in January.
08 Feb 2021, 10:22 AM IST
Sale of passenger cars at dealerships stayed above the pre-pandemic March level for the fourth straight month even as overall retail shipments fell.Passenger vehicle registrations—a measure of sales at dealerships—rose 2.42% over the preceding month in January, according to data compiled by BloombergQuint from the Ministry of Road Transport and Highways’ Vahan website. While that’s close to 5% lower than January 2020, the shipments w...
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