{"id":121167,"date":"2023-11-16T14:20:42","date_gmt":"2023-11-16T14:20:42","guid":{"rendered":"https:\/\/yourclomid.com\/?p=121167"},"modified":"2023-11-16T14:20:42","modified_gmt":"2023-11-16T14:20:42","slug":"over-1-million-cars-sold-in-india-this-festive-season","status":"publish","type":"post","link":"https:\/\/yourclomid.com\/auto-news\/over-1-million-cars-sold-in-india-this-festive-season\/","title":{"rendered":"Over 1 million cars sold in India this festive season"},"content":{"rendered":"

The auto industry is said to have generated a turnover of over Rs 1.1 lakh crore.<\/h2>\n

Automotive sales crossed the 1 million unit milestone this festive season. 1.03 million cars and SUVs were sold in India during the 90-day festive period that began with Onam in Kerala and culminated with Bhai Dooj.<\/p>\n

According to media reports, over 7 lakh vehicles were sold between August 17, 2023 and the end of Navratri, registering a growth of 18%. An additional 3.25 lakh to 3.3 lakh vehicles were sold between Dussehra and the end of the festive season. With over a million cars delivered, the industry registered a 20-25% growth in sales compared to the last festive season.<\/p>\n

The auto industry is said to have generated a turnover of over Rs 1.1 lakh crore thanks to the festive rush. Moreover, the surge in sales is also expected to boost the government\u2019s GST collection.\u00a0<\/p>\n

India\u2019s premier automaker, Maruti Suzuki, witnessed higher growth in rural markets. Rural sales grew by 11%, contributing 44% to the total sales.\u00a0<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The auto industry is said to have generated a turnover of over Rs 1.1 lakh crore. 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