FADA: Total vehicle retail down by 5.27% in September 2021


The Federation of Automobile Dealers Associations (FADA) has published September 2021 vehicle retail data, which shows an overall decline of 5.27% compared with September 2020 data. However, the Passenger Vehicles segment registered a YoY growth of over 16.3% last month compared with the same period last year. And yes, Mahindra & Mahindra continues to retain its 4th place in the PV segment.


The Commercial Vehicles segment with over 46.6% YoY growth last month didn’t put on a bad show either. However, the two-wheeler and tractor segments show a significant double-digit decline in September 2021. FADA President Vinkesh Gulati had the following to say –

Auto retail in the month of September has taken a pause as overall sales were down by -5%. During the 1st half of this FY, while the overall retails were up by 35%, the same was down by 29% when compared with 2019, a pre-covid year. On a long term basis, except tractors which grew by 19% and PV which has almost reached pre-covid levels, all the other segments were in red.

The 2W category continues to play spoilsport as the entry-level segment is yet to witness healthy growth. This segment’s performance is now becoming critical for the overall 2W category to come back on the path of recovery as dealer inventory rises to 30-35 days in anticipation of a good festive. Semiconductor shortage has also started impacting the 150+ cc segment. The 3W segment is now showing clear signs of a tactical shift from ICE to EVs as the ratio has hit a 60:40 split. With offices and educational institutions slowly opening up, the electrification of 3Ws will gather greater momentum in months to come.

As we enter the core of this year’s festive season, the full-blown semiconductor crisis continues to create hindrance in PV sales as vehicle inventory at dealers end dip to record lows of 15-20 days during the current fiscal. With high demand in this segment, the long waiting period continues to frustrate and keep enthusiast buyers in a fix.

OEM-wise market share data for September 2021 with YoY comparison:





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