Majority of Indians Choose Petrol-Powered Cars this Festive Season, Says Cars24
Curated By: Shahrukh Shah
Last Updated: November 18, 2023, 16:29 IST
Photo is used for Representational purpose only. (Photo: Cars24)
It has been reported by the Cars24 that on an average, loans worth of Rs 4.7 crore were disbursed daily on used car segment this festive season.
The auto industry has witnessed massive growth this year in terms of sales. Most of the milestones have been unlocked by carmakers in November, a big credit goes to the festive season. Amid this, the pre-owned car sales numbers also achieved decent sales growth.
The data shared by Cars24, a leading platform for buying and selling cars, revealed that the segment has seen a spike of 88 percent in sales nationwide. The platform has informed that the data, which has been received this year, showed a massive growth compared to the same period last year.
Cars24 Festive Season Sales Data
It has been reported by Cars24 that the country has collectively sold cars worth Rs 1,760 crores to them. When it comes to the top performer, Bengaluru has surprised the officials by taking the top spot in sales, leaving behind all the cities in terms of demand, followed by Kochi.
Mumbai and Pune and Delhi somehow lost the top spot in sales. However, the cities witnessed the highest demand for cars like WagonR, Honda City, GrandI10, and Baleno.
Here’s What Company’s Co-Founder Says About Sales Numbers
Speaking about the achievement, Cars24 Co-Founder Gajendra Jangi said,“As the season concludes, we feel immense joy witnessing the dreams of car ownership coming to life for countless Indians. The festive season wasn’t just about selling cars; it was about translating aspirations into reality. The trends we see reflect the changing preferences of a dynamic India and serve as a compass pointing towards the exciting future of personal mobility, where dreams continue to drive our dedication and innovation.”
Curated By: Shahrukh Shah
Last Updated: November 18, 2023, 16:29 IST
Photo is used for Representational purpose only. (Photo: Cars24)
It has been reported by the Cars24 that on an average, loans worth of Rs 4.7 crore were disbursed daily on used car segment this festive season.
The auto industry has witnessed massive growth this year in terms of sales. Most of the milestones have been unlocked by carmakers in November, a big credit goes to the festive season. Amid this, the pre-owned car sales numbers also achieved decent sales growth.
The data shared by Cars24, a leading platform for buying and selling cars, revealed that the segment has seen a spike of 88 percent in sales nationwide. The platform has informed that the data, which has been received this year, showed a massive growth compared to the same period last year.
Cars24 Festive Season Sales Data
It has been reported by Cars24 that the country has collectively sold cars worth Rs 1,760 crores to them. When it comes to the top performer, Bengaluru has surprised the officials by taking the top spot in sales, leaving behind all the cities in terms of demand, followed by Kochi.
Mumbai and Pune and Delhi somehow lost the top spot in sales. However, the cities witnessed the highest demand for cars like WagonR, Honda City, GrandI10, and Baleno.
Here’s What Company’s Co-Founder Says About Sales Numbers
Speaking about the achievement, Cars24 Co-Founder Gajendra Jangi said,“As the season concludes, we feel immense joy witnessing the dreams of car ownership coming to life for countless Indians. The festive season wasn’t just about selling cars; it was about translating aspirations into reality. The trends we see reflect the changing preferences of a dynamic India and serve as a compass pointing towards the exciting future of personal mobility, where dreams continue to drive our dedication and innovation.”
Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.