This year’s Christmas season will be a good one, with industry sales crossing the one million mark for the first time and passenger car sales from Dhanteras to Baiduj likely to be between 55,000 and 57,000 units, industry veterans said.
“The industry’s sales will cross the 1 million mark for the first time. This represents an 18% increase compared to last year’s sales of 8.5 million units. This time around Dhanteras, deliveries will be brisk. Deliveries to the industry from Dhanteras to Bhai Dooj are estimated to be 55,000 to 57,000 passenger cars, which will be an increase of over 21 per cent,” said Maruti Suzuki India. said Shashank Srivastava, Senior Executive Officer, Marketing and Sales. , Said.
Last year, the industry delivered about 45,000 units during this period, he said.
Similarly, Hyundai Motor India (HMIL) announced that the company has sold over 10,000 units on Dhanteras alone, which is double the sales on the same day last year.
“Hyundai Motor India delivered an unprecedented 10,293 units of Dhanteras, which is more than double that of last year. This is a great compliment,” said Tarun Garg, Chief Operating Officer, Hyundai Motor India.
He said the sales also reflected a clear preference for Hyundai vehicles, particularly the announcement of six airbags as standard safety features across its models and variants.
According to the latest data shared by the Society of Indian Automobile Manufacturers (SIAM), the total number of domestic passenger vehicles (PV) wholesaled (delivered to dealers) increased by 16% from the previous year to 389,714 units. Compared to 3,36,330 units in the same month last year.
Sales were driven by utility vehicles (UVs), which increased by 40% year-on-year to 198,356 units, the highest ever increase compared to last October’s 141,254 units.
Two-wheeler sales for the month stood at 1,895,799 units, up 20% year-on-year, compared to 15,78,383 units in October 2022. Scooter sales in October rose 15% year-on-year to 5,89,802 units, while two-wheeler sales increased. According to SIAM data, sales rose 23% year-on-year to 1,252,835 units last month.
This is the last free article.