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Federation of Automobile Dealers Associations (FADA) President Manish Raj Singhania has said automobile retail sales in India witnessed a double-digit year-on-year growth in February 2022 driven by robust sales across segments including passenger vehicles and two-wheelers. Total registrations across segments rose 16 per cent year-on-year to 17,75,424 units last month, as compared to 15,31,196 vehicles in February 2022.

Singhania stated that passenger vehicle retail sales rose 11 per cent to 2,87,182 units last month, against 2,58,736 units in the year-ago period. Two-wheeler registrations rose 15 per cent last month to 12,67,233 units, from 11,04,309 units in February 2022. The two-wheeler category witnessed a growth of 15 per cent year-on-year but was down 14 per cent when compared to the pre-Covid month of February 2020.

He further said total commercial vehicle retail sales in February grew 17 per cent to 79,027 units, as compared to 67,391 units in the same month last year. It, however, remained 10 per cent down when compared to pre-Covid month of February 2020. Three-wheeler retail sales witnessed a massive 81 per cent jump in registrations at 72,994 units, when compared with 40,224 units in February 2022. Similarly, tractor sales rose 14 per cent year-on-year to 68,988 units in February.