Auto retail skids in April amid rising Covid-19 cases, local lockdowns

Vehicle registrations, which are a proxy for retail, fell by 28% compared to March with even the fast-growing tractor segment seeing a decline. A comparison cannot be drawn with April 2020 since sales were nil then due to a nationwide lockdown to contain the pandemic.

from Auto-Industry-Economic Times https://ift.tt/3f3oaX6