10th October’22, New Delhi: The Federation of Automobile Dealers Associations (FADA) today released Vehicle Retail Data for Navratri’22.
Navratri’22 Retails
Commenting on how Navratri’22 performed, FADA President, Mr. Manish Raj Singhania said, “For the first time, FADA is releasing Navratri Auto Retail figures. Overall retails increased by a massive 57% compared to Navratri’21. All categories also showed extremely high growth with 2W, 3W, CV, PV and Tractors increasing by 52%, 115%, 48%, 70% and 58% respectively.
When compared to Navratri’19 (which was prior to covid), total retails increased by 16%. Here too, all categories showed positive momentum with 2W, 3W, CV, PV and Tractors growing by 4%, 31%, 37%, 59% and 90% respectively.
Navratri retails clearly shows that customers were back in showrooms with all guns blazing after a gap of 3 years. In fact, 2W category which was continuously showing weakness when compared to pre-covid months, also registered single digit growth.
We now hope that this trend continues till Deepawali, so that apart from PV Dealers who will see a decade high during this festive, the 2W Dealers also have a good season and hence helps them liquidate their stock which they have built in anticipation of a good festive.”
Chart showing Vehicle Retail Data for Navratri’22
| CATEGORY | Navratri’22 | Navratri’21 | Navratri’20 | YoY % (2021) | YoY % (2020) | Navratri’19 | YoY % (2019) |
| 2W | 3,69,020 | 2,42,213 | 3,07,903 | 52.35% | 19.85% | 3,55,851 | 3.70% |
| 3W | 19,809 | 9,203 | 5,952 | 115.25% | 232.8% | 15,082 | 31.34% |
| CV | 22,437 | 15,135 | 11,142 | 48.25% | 101.4% | 16,365 | 37.10% |
| PV | 1,10,521 | 64,850 | 86,380 | 70.43% | 27.95% | 69,657 | 58.66% |
| TRAC | 17,440 | 11,062 | 14,387 | 57.66% | 21.22% | 9,177 | 90.04% |
| Total | 5,39,227 | 3,42,459 | 4,25,761 | 57.46% | 26.65% | 4,66,128 | 15.68% |
Source: FADA Research
Disclaimer:
- The above numbers do not have figures from AP, MP, LD & TS. Even though AP & MP are now on Vahan, due to unavailability of previous year’s figure, we have not taken them in our comparison.
- Vehicle Retail Data has been collated as on 07.10.22 in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,339 out of 1,411 RTOs.
- Navratri dates:
- 2022 – 26th Sept – 5th Oct
- 2021 – 6th Oct – 15th Oct
- 2020 – 16th Oct – 25th Oct
- 2019 – 29th Sept – 8th Oct
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