FADA releases August 2020 vehicle registration data
Vehicle Registrations for August shows improvement due to ongoing festivities when compared MoM but still down by -26.81% on YoY basis. On yearly comparison, CV by -57.39%, and PV by -7.12%. Tractor registration continued its upwards journey with 27.80% growth. Overall demand still not back to pre-covid levels as despite abundant liquidity, risk-averse mood of Banks and NBFC’s coupled[Read More…]