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Passenger vehicle retail sales dip 3% in May as demand slips

Hindustan Times Jammu

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June 07, 2025

Passenger vehicle retail sales witnessed a 3% year-on-year decline in May, with customers delaying purchases in several states due to the India-Pakistan conflict and further softening of demand for entry-level models, dealers' body Fada said on Friday.

- Press Trust of India

NEW DELHI:

The passenger vehicle registrations last month stood at 3,02,214 units, as compared to 3,11,908 units in May 2024.

Entry-level models were hardest hit, as constrained financing and subdued consumer sentiment compounded the slowdown, the Federation of Automobile Dealers Associations (Fada) said in a statement.

Heightened war-related worries and border tensions in Jammu & Kashmir, Punjab, Rajasthan, and Gujarat further prompted buyers to delay purchases, it added.

Hindustan Times Jammu'den DAHA FAZLA HİKAYE

Hindustan Times Jammu

Hindustan Times Jammu

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