FADA releases Vehicle Retail Data for April 2025 for J&K
Excelsior Correspondent
JAMMU, May 7: The Federation of Automobile Dealers Associations (FADA) Jammu today released Vehicle Retail Data for APRIL 2025 for the UT of Jammu and Kashmir.
As per the release issued, the 2-Wheeler category witnessed a growth of 1.13% at 8,835 units in April 2025, as compared to 8,736 units in April 2024.
The 3-Wheeler category witnessed a growth of 18.24% at 966 units in April 2025, as compared to 817 units in April 2024.
The Commercial Vehicle category witnessed a downfall of -5.84% at 1,144 units in April 2025, as compared to 1,215 units in April 2024.
The Passenger Vehicle category witnessed a downfall of -0.12% at 5,000 units in April 2025, as compared to 5,006 units in April 2024.
The Tractor Vehicle category witnessed a growth of 14.19% at 346 units in April 2025, as compared to 303 units in April 2024.
In total the retail is 16,291 in April-25 compared to it is 16,077 in April-24 thereby registering a growth of 1.33%.
Speaking on the occasion, Sanjay Aggarwal, chairperson, FADA Jammu said that in the UT of J & K, the month of April 2025 witnesses a degrowth in categories of commercial vehicle and passenger vehicle with -5.8% and -0.12 % respectively.
However 2W, 3W and Tractor category presented a growth of 1.13%, 18.24% and 14.19% respectively.
The new financial year began on a modest note as overall retails in April managed to grow by 1.33% YoY.
He said, “Dealer feedback also paints a complex picture for May across all segments. In 2W category, marriage-season and postharvest demand should underpin enquiries, yet financiers are tightening customer-level credit criteria-higher CIBIL requirements and down-payment mandates-despite broader banking-system liquidity. Summer heat and school holidays may further suppress showroom visits though IMD predicts that it may not be as bad as last year.”
“In aggregate, these dynamics point to a cautiously optimistic outlook-demand will be choppy, but disciplined. Inventory management, targeted incentives and easing borrowing costs should help the industry navigate the month,” he added.
The post FADA releases Vehicle Retail Data for April 2025 for J&K appeared first on Daily Excelsior.
News