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Last Updated : Oct 26, 2020 02:28 PM IST | Source: Moneycontrol.com

Vehicle registrations on Dussehra up 30% in Mumbai despite COVID-19: Report

Of the new registrations, 404 were for two-wheelers and 205 were car registrations in one day, as per data from Mumbai's Andheri, Borivali, Tardeo and Wadala regional transport offices.

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The occasion of Dussehra has bumped demand for new vehicles (cars and two-wheelers) with registrations increasing around 30 percent over the festive day in 2019, data from regional transport offices (RTOs) shows.

In Mumbai, 609 new vehicles were registered up till the evening of October 25, compared to 469 registrations on Dussehra 2019, data from the metro’s four RTOs in Andheri, Borivali, Tardeo and Wadala showed, The Times of India reported.

Of the new registrations, 404 were for two-wheelers – 96 vehicles or 31 percent more than the 308 registered in Dussehra – while car registrations increased from 161 to 205, a gain of 27 percent, the report noted.

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Moneycontrol could not independently verify the report.

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The shutdown of public transportation due to the COVID-19 pandemic has led to many people seeking private vehicles for office travel, an RTO official told the paper.

RTO data shows an average of 125 cars and 400 two-wheelers registered in Mumbai each day – with sales usually peaking during festive seasons and auspicious days such as Akshaya Tritiya, Diwali, Dussehra and Gudi Padwa.

Meanwhile, for the first time in 2020, retail sales of cars and SUVs in a month surpassed sales of the same month last year signalling a pickup in consumer demand.

As per data shared by the Federation of Automobile Dealers Association (FADA) retail sales of passenger vehicles (PV) during September grew nearly 10 percent to 195,665 units as against 178,189 units clocked in the same month last year.

In each of the previous months starting April, the PV industry failed to sell more than the comparable months of the previous year. With the exception of tractors all other segments continue to be in the red.
First Published on Oct 26, 2020 02:28 pm
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