Automobile dealers' body FADA stated today that the domestic the passenger vehicle (PV) sales dropped to 2,58,329 units in January 2022, down 10.12% from 2,87,424 units in January 2021. In spite of good demand, passenger vehicles continue to face the brunt of semiconductor shortage, resulting in the absence of a healthy inventory, FADA President Vinkesh Gulati said in a statement.
