Previous peak only by FY23E
As per FADA data, automotive retail volumes fell 28 per cent on a Month over Month basis in April 2021 to approximately 11.85 lakh units. As part of the decline, the two-wheeler segment sales declined by 27.6 per cent while the PV segment fell 25.3 per cent. The decline in three-wheelers, commercial vehicles and tractors was pegged at 43.1 per[Read More…]