The 42-day festive period, which falls between the first day of Navratri to 15 days after Dhanteras, saw a 29% jump in retail volumes to 2.88 million units, making it the best such period in four years, according to data shared by the Federation of Automobile Dealers Association (Fada). The festive season generates 30-35% of the year's total volumes.
Two-wheelers, which make up 75% of the total domestic volumes, grew 51% during October, going past the total of even October 2019 for the first time. A senior Fada official said two-wheeler producers were running consumer schemes that were up to 10% of the cost of the vehicle which helped in drawing in the buyers.
Diese Geschichte stammt aus der November 08, 2022-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der November 08, 2022-Ausgabe von Financial Express Mumbai.
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