Vehicle Sales Shift Gears In Oct To Close In On Pre-Covid Levels
The Times of India Delhi|November 03, 2020
Silver Lining: New Car Registrations Witness An 8-Fold Growth Since May
Sidhartha Roy
Vehicle Sales Shift Gears In Oct To Close In On Pre-Covid Levels

New Delhi: The month of October has brought some muchneeded cheer for the automobile sector with vehicle registrations touching pre-Covid levels after eight months.

In all, 41,905 non-commercial vehicles were registered in October, which was not only the highest since May, when registrations restarted, but also more than the 39,655 vehicles registered in February.

The number of cars sold in October (14,292) was also the highest since February and very close to the figure in January — 15,674. Compared with 2019, however, the numbers were much lower. In October 2019, 66,560 vehicles — 16,817 cars and 49,743 two-wheelers — were registered, the highest that year. While the dip in car sales compared with last October was 15%, for two-wheelers it was much deeper at 44.4% as only 27,613 were registered.

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