VEHICLE REGISTRATIONS FALL IN JANUARY

Vehicle registrations fell 9.7 per cent in January, according to data from the Vahan portal

The reasons included poor availability of vehicles due to scarcity of semiconductors, fading pent- up demand and recent price hikes

Passenger vehicle (PV) registrations witnessed a decline of 4.5 per cent to 2,81,666 units; twowheeler registration fell 8.78 per cent to 11,63,322 units. Commercial vehicle registrations dipped 25 per cent to 55,835 units