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Economic Times
05-05-2025
- Automotive
- Economic Times
Car & 2-wheeler sales crawl in April, commercial vehicles stall
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel New Delhi: Vehicle registrations in India grew by 3% to 2.29 million units in April as two-wheeler and passenger vehicle segments recorded modest increases while commercial vehicle registrations or retail sales of two-wheelers and passenger vehicles grew by 2.3% and 1.6% to over 1.68 million units and 349,939 units respectively. Three-wheelers and tractors fared comparatively better, posting growth of 24.5% and 7.6% to 99,766 and 60,915 units respectively, showed data collated by Federation of Automobile Dealers Associations (FADA) from the VAHAN portal of the road ministry. Retail sales of commercial vehicles though, fell by 1% to 90,558 units in April."With the tariff war paused, stock markets staged a sharp pullback-alleviating investor concerns-and customers thus leveraged Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu to complete purchases, helping April end on a positive note," said C S Vigneshwar, president, the two-wheeler segment, the demand environment remained stable despite mixed headwinds. "Dealers reported buoyant enquiry growth in rural areas post Rabi harvest, driven by strong crop yields, healthy reservoir levels and a favourable monsoon outlook. Wedding-season tailwinds (also) sustained rural offtake," said Vigneshwar, adding that demand also remained robust in urban limited new model introductions, passenger vehicle sales grew at a modest pace, backed by discounts and promotional offers. While demand remained healthy for SUVs, entry-level car buyers remained cautious. Dealers urged automakers to align production with market demand and reduce stock levels to mitigate deeper discounts and carrying costs at the month, sales of commercial vehicles continued to be under pressure amid product price increases, stagnant freight rates, and low fleet segment however saw healthy demand from school transport and staff mobility said the agricultural cycle this month is expected to conclude on a strong note, supported by healthy crop prices and robust mandi procurement."The IMD's forecast of an above-normal Southwest monsoon bodes well for rural incomes, farm-sector growth and downstream demand", he said, adding that a well-distributed rainy season is critical to containing food per Kantar's Rural Barometer and GroupM data, household spending has outpaced income growth, and inflationary pressures are tempering discretionary purchases. This is impacting sales of non-essential items, FADA said.
Time of India
05-05-2025
- Automotive
- Time of India
Car & 2-wheeler sales crawl in April, commercial vehicles stall
New Delhi: Vehicle registrations in India grew by 3% to 2.29 million units in April as two-wheeler and passenger vehicle segments recorded modest increases while commercial vehicle registrations declined. #Pahalgam Terrorist Attack Pakistan's economy has much more to lose than India's due to the ongoing tensions, warns Moody's Ratings The day Pakistan got the power to poke India FM Sitharaman meets ADB chief and Italian FM, discusses economic issues; no mention of Pakistan Registrations or retail sales of two-wheelers and passenger vehicles grew by 2.3% and 1.6% to over 1.68 million units and 349,939 units respectively. Three-wheelers and tractors fared comparatively better, posting growth of 24.5% and 7.6% to 99,766 and 60,915 units respectively, showed data collated by Federation of Automobile Dealers Associations (FADA) from the VAHAN portal of the road ministry. Retail sales of commercial vehicles though, fell by 1% to 90,558 units in April. "With the tariff war paused, stock markets staged a sharp pullback-alleviating investor concerns-and customers thus leveraged Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu to complete purchases, helping April end on a positive note," said C S Vigneshwar, president, FADA. In the two-wheeler segment, the demand environment remained stable despite mixed headwinds. "Dealers reported buoyant enquiry growth in rural areas post Rabi harvest, driven by strong crop yields, healthy reservoir levels and a favourable monsoon outlook. Wedding-season tailwinds (also) sustained rural offtake," said Vigneshwar, adding that demand also remained robust in urban areas. Despite limited new model introductions, passenger vehicle sales grew at a modest pace, backed by discounts and promotional offers. While demand remained healthy for SUVs, entry-level car buyers remained cautious. Dealers urged automakers to align production with market demand and reduce stock levels to mitigate deeper discounts and carrying costs at dealerships. During the month, sales of commercial vehicles continued to be under pressure amid product price increases, stagnant freight rates, and low fleet utilisation. The segment however saw healthy demand from school transport and staff mobility customers. Vigneshwar said the agricultural cycle this month is expected to conclude on a strong note, supported by healthy crop prices and robust mandi procurement. "The IMD's forecast of an above-normal Southwest monsoon bodes well for rural incomes, farm-sector growth and downstream demand", he said, adding that a well-distributed rainy season is critical to containing food inflation. As per Kantar's Rural Barometer and GroupM data, household spending has outpaced income growth, and inflationary pressures are tempering discretionary purchases. This is impacting sales of non-essential items, FADA said.
New Indian Express
05-05-2025
- Automotive
- New Indian Express
Retail auto sales start FY26 on a positive note, grow 3% in April
NEW DELHI: On the back of festive purchases around Akshay Tritiya and rural demand post-harvest, India's total automobile retail sales rose 2.95% year-on-year in April 2025, reaching 22.87 lakh units, according to the Federation of Automobile Dealers Associations (FADA). Growth was seen in all segments except commercial vehicles, which dipped 1% year-on-year. "With the tariff war paused, stock markets staged a sharp pullback—alleviating investor concerns—and customers thus leveraged Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu to complete purchases, helping April end on a positive note," said FADA President CS Vigneshwar. Two-wheeler retail volumes grew 2.25% YoY and 11.84% MoM to 16,86,774 units. Vigneshwar stated that dealers reported buoyant enquiry growth in rural areas post-Rabi harvest, driven by strong crop yields, healthy reservoir levels and a favourable monsoon outlook, while wedding-season tailwinds sustained rural offtake. Despite limited model introductions, the passenger vehicle (PV) segment registered a 1.55% YoY increase in sales to 3,49,939 units. "This performance reflects a discount-led market and elevated inventories—approximately a 50-day supply—amid cautious consumer sentiment that tempered enquiry-to-sale conversions," added Vigneshwar. Going forward in May, FADA said that this month"s agricultural cycle is concluding on a strong note, underpinned by healthy crop prices and robust mandi procurement. However, the dealer body added that Kantar's Rural Barometer and GroupM data signal heightened consumer selectivity in rural India— household spending has outpaced income growth, and inflationary pressures are tempering discretionary purchases. Here, non-essential categories such as two-wheelers is likewise plateauing amid rising living costs.
Time of India
05-05-2025
- Automotive
- Time of India
Cautious sentiments pull brakes on car sales in Gujarat
Ahmedabad: The automotive sector in Gujarat demonstrated a modest recovery in April, with sales increasing by 4.7%, reaching 27,326 units compared to 26,105 units in April 2024. However, the overall market outlook remains conservative, primarily affected by stock market challenges and decreased rural consumption. Statistics from the union ministry of road transport and highways reveal a cautious consumer behaviour pattern. Despite the slight increase in car sales, two-wheeler purchases decreased by 1.5% compared to the previous year in Gujarat, indicating a broader deceleration in vehicle purchases. Federation of Automobile Dealers Associations (FADA) — Gujarat representatives stressed the importance of economic stability for rebuilding consumer trust. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad "The new financial year began on a modest note as overall retails in April managed to grow by 3% year-on-year across India. As the tariff war paused, stock markets showed a good pullback, putting investor concerns to rest at least for the time being. Thus, the Chaitra Navratri, Akshay Tritiya muhurats drove sales," stated FADA officials. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Scarlett Johansson, 40, Shows Off Her Real Size In A New Vacation Photos 33 Bridges Undo "This performance reflects a discount-led market and elevated inventories — approximately a 50-day supply — amid cautious consumer sentiment that tempered enquiry-to-sale conversions. Sustained SUV demand underpinned volumes even as entry-level customers remained cautious," said Pranav Shah, chairperson, FADA — Gujarat. "Two-wheeler costs went up in the recent past and therefore, customers are not able to accept the new prices and as a result, demand is muted. Rural demand continues to remain weak for two-wheelers as well as four-wheelers mainly due to subdued earnings," Shah explained. Industry analysts suggest that passenger vehicle sales will remain stable but subdued, as consumers await new models and deal with high financing rates. A senior road transport office (RTO) official noted that prospective four-wheeler buyers were anticipating budget incentives, and following announcements by the Gujarat govt, electric vehicle buyers were holding off. Despite recent improvements, the stock market volatility has contributed to the situation. "Many buyers, particularly in urban areas, rely on their stock market investments to fund large-ticket purchases, including cars. With the market in a downturn, many potential buyers have postponed their vehicle purchases because many were clearly dependent on market returns for down payments to avoid paying loans," said a city-based car dealer. Industry specialists indicate that car sales might not show consistent growth in upcoming months without improved economic conditions. GFX sent to designers Box: Vehicle sales in Gujarat Sales April 2024 April 2025 % Change Cars 26,105 27,326 4.7 Two Wheelers 97,572 96,065 -1.5 Source: Union Ministry of Road Transport and Highways
The Hindu
05-05-2025
- Automotive
- The Hindu
Auto retail sales rise 3% in April led by 2Ws, tractors
Overall auto retail sales for April 2025 grew 3% Year on Year (YoY) led by growth in retail sales of three wheelers (3W) and tractors. As per data provided by The Federation of Automobile Dealers Associations (FADA) Two Wheeler (2W) sales grew by 2.25%, 3W by 24.5%, Passenger Vechicles (PV) by 1.55%, tractors by 7.5% and Commercial Vehicle sales fell 1% YoY, FADA said the PV inventory is at 50 days and has advocated for a 21-days stock norm. Two wheelers grew 2.25% backed by strong rural demand while PV sales grew due to offer of deep discounts by OEMs. Price hike by OEMs and flat freight rates led by CV sales dropping by 1.05%, FADA said. C S Vigneshwar, President FADA said, 'The new financial year began on a modest note as overall retails in April managed to grow by 3% YoY. All categories except CV closed in the green.' 'With the tariff war paused, stock markets staged a sharp pullback—alleviating investor concerns—and customers thus leveraged Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu to complete purchases, helping April end on a positive note,' he said. On the immediate outlook the FADA President said 'May's agricultural cycle is concluding on a strong note, underpinned by healthy crop prices and robust mandi procurement.' 'The IMD's forecast of an above-normal southwest monsoon bodes well for rural incomes, farm-sector growth and downstream demand, while a well-distributed rainy season is critical to containing food inflation,' he said. 'At the same time, Kantar's Rural Barometer and GroupM data signal heightened consumer selectivity in rural India—household spending has outpaced income growth, and inflationary pressures are tempering discretionary purchases,' he added.
