financetom
Business
financetom
/
Business
/
Passenger vehicle retail sales increase 24% in December: FADA
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Passenger vehicle retail sales increase 24% in December: FADA
Jan 11, 2021 4:53 AM

Automobile dealers’ body FADA on Monday said passenger vehicle (PV) retail sales in December witnessed a year-on-year increase of 23.99 percent to 2,71,249 units. According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,270 out of the 1,477 regional transport offices (RTOs), PV sales stood at 2,18,775 units in December 2019.

Two-wheeler sales increased 11.88 percent to 14,24,620 units last month, as compared to 12,73,318 units in December 2019. Commercial vehicle sales, however, slipped 13.52 percent to 51,454 units in December 2020, as against 59,497 units a year ago.

Similarly, three-wheeler sales fell 52.75 percent to 27,715 units last month, from 58,651 units in December 2019. Tractor sales, however, grew by 35.49 percent to 69,105 units last month, against 51,004 units in the same month of 2019.

Total sales across categories increased 11.01 percent to 18,44,143 units last month compared to 16,61,245 units in December 2019.

First Published:Jan 11, 2021 1:53 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Looking At RTX's Recent Unusual Options Activity
Looking At RTX's Recent Unusual Options Activity
May 24, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on RTX. Looking at options history for RTX we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 75% with bearish. From the overall spotted trades, 4 are...
Market Chatter: House of Commons Committee Recommends Feds Tackle
Market Chatter: House of Commons Committee Recommends Feds Tackle "Excessive" Profits In Food Sector
May 24, 2024
04:18 PM EDT, 05/24/2024 (MT Newswires) -- The federal government should consider policies to tackle excessive net profits in the food industry, said the House of Commons committee studying food prices in its latest report, The Canadian Press is reporting Friday It noted the committee recommended the government look into ways to address these profits in monopolistic and oligopolistic sectors...
Vertex Pharmaceuticals Insider Sold Shares Worth $3,168,704, According to a Recent SEC Filing
Vertex Pharmaceuticals Insider Sold Shares Worth $3,168,704, According to a Recent SEC Filing
May 24, 2024
04:16 PM EDT, 05/24/2024 (MT Newswires) -- Bruce I Sachs, Director, on May 22, 2024, sold 7,073 shares in Vertex Pharmaceuticals ( VRTX ) for $3,168,704. Following the Form 4 filing with the SEC, Sachs has control over a total of 40,000 shares of the company, with 40,000 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/875320/000087532024000158/xslF345X03/wk-form4_1716581569.xml ...
Insperity Insider Sold Shares Worth $337,986, According to a Recent SEC Filing
Insperity Insider Sold Shares Worth $337,986, According to a Recent SEC Filing
May 24, 2024
04:20 PM EDT, 05/24/2024 (MT Newswires) -- John M Morphy, Director, on May 23, 2024, sold 3,300 shares in Insperity ( NSP ) for $337,986. Following the Form 4 filing with the SEC, Morphy has control over a total of 7,633 shares of the company, with 7,633 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1000753/000112760224016569/xslF345X03/form4.xml Price: 100.18, Change: +0.01, Percent Change: +0.01...
Copyright 2023-2026 - www.financetom.com All Rights Reserved