Festivities bring cheer as auto retail zooms past pre-Covid period in October
India TodayThe festive period turned out to be a bumper one as the overall auto retail in October crossed the pre-Covid mark with the passenger vehicle segment continuing its robust run and the two-wheeler segment making a strong comeback. With better vehicle availability and new launches, the segment also witnessed the best festive period in a decade by surpassing 2020 festival sales by 2%," said Manish Raj Singhania, president, FADA. Singhania said that the two-wheeler segment showed considerable growth in October and even rose above the pre-Covid period for the first time. VEHICLE RETAIL DATA CATEGORY OCT-22 OCT-21 GROWTH OCT-20 GROWTH OCT-19 GROWTH 2W 15,71,165 10,39,845 51.10% 11,11,785 41.32% 14,85,240 5.79% 3W 66,763 40,251 65.87% 23,871 179.68% 67,160 -0.59% E-RICKSHAW 30,519 15,991 90.85% 6,942 339.63% 12,531 143.55% E-RICKSHAW WITH CART 1,949 1,198 62.69% 654 198.01% 457 326.48% THREE WHEELER 6,912 6,402 7.97% 5,313 30.10% 8,711 -20.65% THREE WHEELER 27,337 16,618 64.50% 10,906 150.66% 45,320 -39.68% THREE WHEELER 46 42 9.52% 56 -17.86% 141 -67.38% PV 3,28,645 2,33,822 40.55% 2,62,274 25.31% 2,78,867 17.85% TRAC 53,362 45,445 17.42% 56,938 -6.28% 36,266 47.14% CV 74,443 59,363 25.40% 46,360 60.58% 65,951 12.88% LCV 44,896 36,578 22.74% 34,353 30.69% 42,399 5.89% MCV 4,475 4,286 4.41% 2,797 59.99% 4,021 11.29% HCV 22,858 16,564 38.00% 7,541 203.12% 18,338 24.65% OTHERS 2,214 1,935 14.42% 1,669 32.65% 1,193 85.58% TOTAL 20,94,378 14,18,726 47.62% 15,01,228 39.51% 19,33,484 8.32% SOURCE: FADA Following the end of the festive period, November could see some softness in sales.