Vehicle retail sales in the country rose 57 per cent during the Navratri festival this year, clocking a record sales of nearly 5.4 lakh units, Federation of Automobile Dealers Associations said on Monday.<\/p>\n
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Photograph: Adnan Abidi\/Reuters<\/span><\/p>\n Total vehicle retail sales between September 26 and October 5, 2022, stood at 539,227 units compared to 342,459 units sold during Navratri last year, FADA said in a statement.<\/p>\n The sales registered this year were also a record, bettering the previous best of 4,66,128 units in Navratri of 2019, it added.<\/p>\n \u00a0<\/p>\n Navratri sales show that customers are back in showrooms after a gap of three years, FADA president Manish Raj Singhania said.<\/p>\n As per the FADA data, two-wheeler retail sales in this year’s Navratri stood at 369,020 units against 242,213 units during the festive period last year, showing a growth of 52.35 per cent.<\/p>\n Compared to 355,851 units clocked in the Navratri of the pre-Covid year 2019 the two-wheeler sales growth was 3.7 per cent.<\/p>\n “Two-wheeler category, which was continuously showing weakness when compared to pre-Covid months, also registered single-digit growth,” Singhania said.<\/p>\n Passenger vehicle sales during this year’s Navratri stood at 1,10,521 units against 64,850 units last year, a growth of 70.43 per cent, FADA said.<\/p>\n Similarly, commercial vehicle retail also grew by 48.25 per cent to 22,437 units from 15,135 units sold in Navratri last year.<\/p>\n The growth was also witnessed in the three-wheeler category, which posted sales of 19,809 units in Navratri this year compared to 9,203 units last year.<\/p>\n Tractor sales also jumped 57.66 per cent to 17,440 units from 11,062 units sold in Navratri 2021.<\/p>\n “We now hope that this trend continues till Deepawali so that apart from passenger vehicle dealers, who will see a decade high during this festive, the two-wheeler dealers also have a good season and hence helps them liquidate their stock, which they have built in anticipation of a good festive,” Singhania said.<\/p>\n<\/div>\n[ad_2]\n<\/p>\n News From This Website <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<\/p>\n