Ahmedabad: Share of car deals in June-November higher than last year’s

High-end cars as well as the interest for different vehicles post lockdown has seen an expansion and 4,000 additional vehicles were enlisted in the state between this June and November than in a year ago during a similar period. By and large enlistment of vehicles in this period was about 68% of complete vehicles sold in the year, higher than the 52% of all out deals accomplished during a similar period a year ago.

Authorities in vehicle division said that while there was negative supposition when it came to purchasing bikes and in the general car industry, in Gujarat and Ahmedabad city, the deals of vehicles are developing.

The deals of vehicles during the time of June-November, when contrasted with the complete deals in the year till November, is the most elevated rate accomplished over the most recent five years.

Authorities said that post lockdown, celebration muhurats helped in vehicle deals, yet there was very little deals in the bike fragment. In Ahmedabad city, 13,000 vehicles were enrolled as against 10,000 in October. In the city, 4,500 vehicles were enrolled in November as against 2,900 in October, while in the state, against 32,500 vehicles sold in November the number was 32,400 in October.

Pranav Shah, chairman – Gujarat region, Federation of Automobile Dealers’ Association (FADA) said, “Car sales have been steadily growing since June onwards. There is negative sentiment in the automobile sector in general, but when it comes to car sales there is certainly an increase.”

Rajnish Arora, CEO of at a leading car dealership, said, “What we are seeing is the result of suppressed demand as people were planning to buy cars but had to put their plans on hold. Moreover with the Covid-19 outbreak people are in favour of travelling in their own four-wheelers rather than in public transport.”

“The demand was high from Tier II and Tier III towns as they had the cash, and in order to keep away from public transport they have utilized their resources. The demand, which has increased in these towns, will definitely be higher in the days to come,” added Arora.

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Ahmedabad Local journalist was involved in the writing and production of this article.

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