New Delhi: Amid easing of semiconductor shortage, auto retail sales Navratri-Dussehra The pre-pandemic numbers increased despite inflationary pressures and rising interest rates.
Data from Federation of Automobile Dealers Associations shows that around 5.4 lakh vehicles, across all categories, were sold during 10 days, up 16% from around 4.7 lakh during the same period in 2019, and up 57% from 3.4 lakh last year. . , Car and SUV sales were up 59% from the 1.1 lakh units sold during Navratri-Dussehra from over 69,657 units in 2019 and up 71% from 64,850 units last year.
The growth was spread across all categories from personal vehicles such as cars, SUVs and two-wheelers to commercial vehicles, three-wheelers and tractors.
“We are bullish on retail demand and expect this trend to continue till the Diwali period,” said Manish Raj SinghaniaPresident of Federation of Automobile Dealers Association. Mainstream companies such as Tata MotorsMahindra & Mahindra, and Maruti Strong demand has been witnessed, which has been equally strong for luxury manufacturers such as Mercedes-Benz.
The demand for passenger vehicles includes SUVs like Mahindra’s Scorpio-N and XUV7OO, Tata’s Nexon, Maruti. grand vitaraAnd kiasCarens. The return of personal mobility post-pandemic has seen demand exceptionally strong over the past year and a half as people are buying vehicles due to the coronavirus scare and the need for social distancing. For two-wheelers, the growth was relatively lower, but still ending in positive territory.
Data from Federation of Automobile Dealers Associations shows that around 5.4 lakh vehicles, across all categories, were sold during 10 days, up 16% from around 4.7 lakh during the same period in 2019, and up 57% from 3.4 lakh last year. . , Car and SUV sales were up 59% from the 1.1 lakh units sold during Navratri-Dussehra from over 69,657 units in 2019 and up 71% from 64,850 units last year.
The growth was spread across all categories from personal vehicles such as cars, SUVs and two-wheelers to commercial vehicles, three-wheelers and tractors.
“We are bullish on retail demand and expect this trend to continue till the Diwali period,” said Manish Raj SinghaniaPresident of Federation of Automobile Dealers Association. Mainstream companies such as Tata MotorsMahindra & Mahindra, and Maruti Strong demand has been witnessed, which has been equally strong for luxury manufacturers such as Mercedes-Benz.
The demand for passenger vehicles includes SUVs like Mahindra’s Scorpio-N and XUV7OO, Tata’s Nexon, Maruti. grand vitaraAnd kiasCarens. The return of personal mobility post-pandemic has seen demand exceptionally strong over the past year and a half as people are buying vehicles due to the coronavirus scare and the need for social distancing. For two-wheelers, the growth was relatively lower, but still ending in positive territory.