Navratri Auto Sales: There has been a slight increase in retail sales of vehicles in the country during the festive season Navratri. A total of 10.32 lakh vehicles were sold in the nine days of Shardiya Navratri. That means on an average around 80 vehicles were sold every minute. 10.12 lakh vehicles were sold in the same period last year. In this way, total sales have increased by 1.95% on annual basis.
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However, this time the performance of different segments of the auto market was not the same.
two wheeler sales
Two-wheeler sales recorded good growth, while car and SUV sales declined. According to Federation of Automobile Dealers Association (FADA) data, two-wheeler sales increased by 5.78% to 7.60 lakh units. At the same time, retail sales of passenger vehicles declined by 13.66% to 1.72 lakh units.
There was a slight decline in the sales of three-wheelers.
The growth in the overall auto market was supported by the increase in sales of two-wheelers. Had this segment not grown, the overall market picture could have been different.
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Sales of commercial vehicles during Navratri increased by 14.21% to 34,120 units. Tractor sales also increased by 8.87% and a total of 20,912 units were sold. Construction equipment sales increased by 10.86% to 2,185 units.