Passenger Vehicle Sales Reach Highest Ever Quarterly Mark in July-September

Passenger vehicle sales in the country reached the highest level in any quarter in July-September. Strong demand for utility vehicles is a major reason behind this. The total dispatch of passenger vehicles to dealers by automobile companies increased to 10,74,189 units between July and September. This is an increase of 4.7 percent compared to the same period last year.

With this, this is the first time that wholesales of passenger vehicles have exceeded 20 lakh units in the first half of a financial year. Vinod Aggarwal, President, Society of Indian Automobile Manufacturers (SIAM), said, “The passenger vehicles segment has gained momentum due to strong demand for sports utility vehicles and utility vehicles. It has reached 60 percent of total sales.” In the second quarter, the sales of entry level cars increased by 100%. Wholesales There has been a decline of about 35,000 units. Demand has also remained weak in the entry level two-wheeler segment. The main reason for this is the lack of recovery in demand in rural areas.

Aggarwal said that in the second quarter of the current financial year, there has been an increase in the segments of passenger vehicles, three-wheelers and commercial vehicles. However, wholesales of two-wheelers have decreased compared to the same period last year. Maruti Suzuki, one of the big automobile companies, had its highest monthly sales in a month in September. Last month, the company sold more than 1.81 lakh units. This is an increase of three percent compared to the same period last year. The company’s SUV And the demand for other utility vehicles has increased rapidly.

Maruti’s Grand Vitara and Brezza are getting good response from the customers. The company’s sales in this segment have increased by more than 80 percent. Maruti ranks first in the SUV segment. Its models like Fronx and Jimny also have strong demand. Last month, the company’s sales stood at 1,81,343 units. Out of this, more than 1.50 lakh units were sold in the country. This is an increase of two percent compared to September last year. In the first six months of the current financial year, Maruti’s sales in the country have exceeded 10 lakh units. This is the first time that Maruti Suzuki has crossed the sales figure of 10 lakh units in six months of a financial year.