States » NorthPosted at: Jun 8 2025 2:03PM


Vehicle retail sales drop in May in J&K amid geopolitical uncertainty: Jammu FADA chairperson

Jammu, June 8 (UNI) The Federation of Automobile Dealers Association (FADA), Chairperson, Jammu, Sanjay Aggarwal, has said that vehicle retail has drastically dropped in the month of May in Jammu and Kashmir due to the geopolitical uncertainty.
"The Geopolitical tensions in various parts of Jammu and Kashmir, particularly in sensitive border regions, have had a significant dampening effect on overall vehicle retail performance in May 2025," the FADA chairperson here told UNI on Sunday.
Expert in automobile dealing for decades, Aggarwal said, "Dealerships have reported reduced footfall, shorter business hours, and delays in test drives and deliveries caused by security checkpoints and logistical hurdles."
The commercial vehicle segment has also felt the impact, as logistics operations and freight routes through sensitive areas face movement restrictions, revealed the FADA chairperson.
Sharing the figures, he stated that in Jammu and Kashmir, the three-wheeler category witnessed a downfall of -9.07 percent at 952 units in May 2025, as compared to 1,047 units in May 2024.
The Commercial Vehicle category witnessed a downfall of -30.09% at 711 units in May 2025, as compared to 1,017 units in May 2024.
The CE category witnessed a downfall of -48.33% at 31 units in May 2025, as compared to 60 units in May 2024, he shared, budding, "The Passenger Vehicle category witnessed a downfall of -10.83% at 3,863 units in May 2025, as compared to 4,332 units in May 2024."
Aggarwal said that the tractor vehicle category witnessed a downfall of -15.64% at 302 units in May 2025, as compared to 358 units in May 2024, and in May 2025, only the two-wheeler category witnessed a growth of 10.72% at 8,509 units in May 2025, as compared to 7,685 units in May 2024.
He said that, in the passenger vehicle segment, consumer sentiment has weakened notably as potential buyers adopt a cautious stance amid concerns over mobility, safety, and regional stability.
Many customers have deferred purchase decisions, especially in higher-end vehicle categories, due to fears of escalation or disruption, he said.
The businessman further said, "Also due to the negative impact on tourism in J&K, the sales of vehicles for fleet operations also got badly affected."
Overall, the prevailing tension has contributed to a broader climate of uncertainty, reinforcing a “wait-and-watch” approach among both retail consumers and commercial buyers in the region, he added.
"Looking ahead, the outlook for the vehicle retail market in Jammu and Kashmir remains cautiously optimistic but highly contingent on regional stability and broader economic factors," he said.
Hoping that if the geopolitical tensions ease in the coming months, he said, there could be a gradual rebound in consumer confidence, particularly in the passenger and commercial vehicle segments.
However, any escalation in regional tensions or disruption in essential logistics routes could further delay recovery, said Aggarwal.
"Dealers and OEMs may need to adopt hyper-local strategies, including flexible financing, community engagement, and digital outreach, to rebuild trust and stimulate demand," added the FADA chairperson.
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Tags: #Vehicle retail sales drop in May in J&K amid geopolitical uncertainty: Jammu FADA chairperson
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