NEW DELHI : Exponential surge in cases of covid-19 across the country, and the consequent lockdown measures by states, led to a sharp decline in sales of automobiles across categories for the second consecutive month in May.Showroom sales of passenger vehicles (PV) decreased by 58.96% on a month-on-month (m-o-m) basis to just 85,733 units during the month, according to sales data released by Federation of Automobile Dealers Associations (Fada) on Thursday.
Vehicle sales were hit initially by lockdown measures imposed in Maharashtra to contain the spread of covid-19 and similar measures were implemented in other parts of the country as well in the second half of April, which further impacted sales.Vehicle sales are usually compared on a.