Automobile business that anticipated good sales during the festival season has witnessed good sales in two wheelers and four wheeler segment and would record a business of around Rs25 crore this festive season.
Sales of four wheelers above 10 lakh segment witnessed decrease while the other segments maintained at the same level recorded last year.
Sunil Jain Vice President of Chamber of Commerce Bhopal Chapter and owner of Rajrup Motor Junction said that the during the festival season he is scheduled to deliver around 240 cars and said that around 1200 to 1500 four wheelers would be sold.
He said that aftereffect of GST was not much as it has provided relief from several taxes and the changes in around 1-2 per cent which is acceptable.
During the festive season the four wheelers and two wheeler markets would witness a sale of around Rs25 crore.
The two-wheeler segment witnessed good sales as it was benefitted after the implementation of GST and two wheeler companies reaped the benefit in the festive season.
Sales Manager of Om Auto Honda Waseem Khan said that the decrease in the prices helped in the good sales but still the number which were witnessed last year failed to show this year. Still decrease in sales of around 10 -15 per cent was witnessed which has different reasons.
Sales Manager Commercial Vehicle Win Win motors at Apsara talkies square Ainuddin said that commercial vehicles have not been impacted and sales have been witnessed at the same level recorded last year. He told that he would deliver 40 vehicles on the eve of Dhanteras.
Sales Manager Passenger Vehicles Win Win motors Misrod said that the vehicles above Rs10 lakh were impacted while the vehicles in the range of Rs5 lakh to Rs8 lakh have decent sales number but overall the decrease could be easily seen in number which were 100 last year in the festive season and reduced to 60 this year’s festive season.
Other two-wheeler brands have also recorded good sales. Sales manager of Maa Suziki at Subhash Nagar said that the business has improved since the festival of Durga and we are hopeful of better sales in the remaining part of the festive season.