Auto retail sales figures hit record highs in Navratri-Diwali festival

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MUMBAI: Retail sales of automobiles during the current year's festive season are the highest ever and are 19 percent higher than last year.

During the 42-day festive season that began on the first day of Navratri and ended fifteen days after Dhanteras, auto retail sales stood at 37.93 lakh vehicles as against 31.95 lakh vehicles in the same period last year, according to data from the Federation of Automobile Dealers Associations (FADA). is

Three wheelers saw the highest sales growth at 41 percent. Sales of two-wheelers have increased by 21 percent, sales of commercial vehicles by 8 percent, and sales of off-road vehicles by 10 percent.

However, sales of tractors used in the agricultural sector saw a decline of half a percent. The demand for two wheelers has seen a significant increase from rural areas. The figures also show that after weak demand during Navratri, sales of Utaru vehicles increased by 10 percent with significant demand during Diwali.

The sales of tractors also saw a decline of 8.30 percent during Navratri, but the recovery in Diwali saw a decline of only half a percent.


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