Car makers get festive season-led charge in October, SUVs light up the numbers
Navratri and Dussehra festivals, marginally improving consumer sentiment and a gaggle of new launches give passenger vehicle OEMs the sales movement they were awaiting since long.
After witnessing a dull stretch for the predominant part of the apparently jinxed calendar year – 2020 – passenger vehicle manufacturers finally saw some robust growth last month on the back of healthy demand in the market. However, it is to be noted that these numbers are essentially despatches from OEMs to their dealers.
Driven by the festive cheer around Navratri, Dussehra and Eid in October as well as the upcoming mega festival of Diwali on November 14, carmakers have reported significant despatches to their dealers all across the country, who are witnessing good offtake of new cars from ...
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