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FADA: New vehicle registrations fall by 12.9%

The Federation of Automobile Dealers Associations’ (FADA) monthly vehicle registration data for September 2019 has revealed a surprising decrease in sales. It shows auto registration continues to fall reflecting the weakness in customer sentiment even during a festive season. On a year on year basis, overall vehicle registrations have fallen by 12.9%. Registrations for two-wheelers are also down by 12.1%.