Vehicle registrations rise by a modest 3 per cent in May

Vehicle registrations increased by 3% to 2.09 million units last month, with delays in purchases due to election uncertainties and extreme heat. Passenger vehicle registrations slightly decreased by 0.96% to 303,358 units. Two-wheeler registrations rose by 2.48% to 1,534,856 units, three-wheelers by 20.09% to 98,265 units, and commercial vehicles by 4.07% to 83,059 units.