Navratri and Diwali are big festivals in this region. After this, the season of weddings starts in November. At present, the demand for passenger vehicles remains strong. Customers who have booked two-three months in advance are waiting for their favorite car.
The fear of a slowdown in the global market is not showing any significant effect on the Indian market. For the first time after battling the Corona epidemic for almost two years, the festive season is in full swing. After tremendous sales during Navratri, there is a huge demand for passenger vehicles even on Dhanteras.
According to industry sources, around four lakh people have made bookings to buy cars on the auspicious day of Dhanteras. This time Dhanteras is on 23rd October. In view of the huge demand, the dealers have stopped the Tatkal booking of passenger vehicles. During Navratri i.e. from September 26 to October 5, 5,39,227 vehicles have been sold across the country. It has 1,10,521 passenger vehicles and 3,69,020 two-wheelers.
There is a waiting period of over 65 weeks for the top-selling passenger vehicles of the companies. Those who book in advance can get their favorite car this Dhanteras. Ajay Aggarwal, who runs showrooms for Tata Motors and Renault India, says the number of sales is doubling year after year.
Sales during Navratri have been very good and good sales are expected on Dhanteras as well. He expressed hope that this time Dhanteras will be the highest sales ever. Expecting huge demand till December Ajay Aggarwal says that due to the festive and wedding season in North India from October to December, there is a huge demand for passenger vehicles.
Navratri and Diwali are big festivals in this region. After this, the season of weddings starts in November. At present, the demand for passenger vehicles remains strong. Customers who have booked two-three months in advance are waiting for their favorite car. Shorter waiting period on CNG-powered vehicles The waiting period on vehicles varies depending on the model and vehicle option.
Agarwal says that there is a waiting period on most models of cars. It is more on some models and less on others. He said the waiting period on CNG-run vehicles is less as compared to other fuel options. Companies have pasted the waiting period list on their best-selling cars in the showrooms. Customers making car inquiries or bookings are being clearly informed of the waiting period.
Federation of Automobile Dealers Association (FADA) President Manish Raj Singhania says that sales of passenger vehicles will be at a decade-high during this festive season.
He informed that the retail sales of passenger vehicles during Navratri have registered a huge growth of 57 percent over the previous year. The sales of all categories of vehicles have increased. According to FADA, there has been a 52 percent growth in the sales of two-wheelers, 115 percent in three-wheelers, 48 percent in commercial vehicles, 70 percent in passenger vehicles, and 58 percent in tractors during Navratri.
Singhania says that now customers are returning to the vehicle showroom. Car wise waiting period XUV-700 66-68 weeks XUV-500 7-27 weeks Thar Diesel 23-25 weeks Bolero Diesel 10 weeks Tata Nexon 16-20 weeks Tata Punch 24-26 weeks Nissan Magnite 10-12 weeks Maruti Brezza 10 -12 weeks Grand Vitara 10-12 weeks Kia Seltos 10-12 weeks.