Two-wheeler segment was back in the black after reporting a poor December volume, recording a growth of 10% to 1.26 million units compared to the year-ago period, as per data by the Federation of Automobile Dealers Association FADA).
Passenger vehicles PVs), comprising cars, sports utility vehicles and vans, grew 22% year-on-year to 340,000 units in December while commercial vehicles, comprising trucks and buses, grew 16% to 82,428 units during the reporting month.
The above data reflect vehicle registrations gathered from 1,341 out of 1,428 regional transport offices. Telangana and Lakshadweep are not part of the data.
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