People searched and bought these three cars, old Creta was popular in small towns, family members liked Ertiga.

People searched and bought these three cars, old Creta was popular in small towns, family members liked Ertiga.

by with No Comment Car Review

New Delhi. This festive season saw an increase in demand not only for new vehicles but also for old vehicles. If we talk about the sale of old cars, Maruti Alto, Honda CT and Hyundai Creta were the most in-demand vehicles in the old car market.

Maruti Suzuki Alto recorded 20% growth in Tier 1, while Honda City and Hyundai Creta saw 10% growth in Tier 2 markets. According to leading online classifieds platform OLX India, this festive season witnessed a significant increase in demand for pre-owned cars, which was higher than the previous two months (August and September 2024), due to increased consumer interest. Caused.

Bumper demand for Alto
Maruti Suzuki Alto 800 has recorded a 20% growth in demand in Tier 1 markets, which is higher than the previous two months (August and September 2024). This reflects the growing preference of consumers towards budget-friendly cars. Cars in the SUV segment are also performing strongly, with the Hyundai Creta seeing 10% growth in Tier 2, reflecting consumers' growing trend towards compact SUVs, with the Honda City seeing a 10% growth in the sedan segment. Entered.

The 20% growth in demand for Maruti Suzuki Alto 800 in Tier 1 markets reflects consumer preference for budget-friendly options during the festive season. Apart from this, low maintenance cost is also the main reason for its demand, due to which many buyers preferred economical vehicles over luxury ones.

Creta demand increased in tier 2 cities
SUVs, which were once very popular among second hand vehicles, are now seeing a decline in demand and consumers are moving towards more practical and affordable models. In Tier 2 markets, demand for compact SUVs like the Hyundai Creta grew by 10%, reflecting the preference for cost-effective options in the SUV segment. Models with premium appeal are also becoming popular in Tier 2 markets, with the Honda City leading the way as a more affordable option. Maruti Suzuki Ertiga also recorded 7% growth, making it a popular family car.

There was demand for other models also
Other key models such as Maruti Suzuki Ertiga, Swift Dezire and Wagon R also saw stable demand during this period (August-October 2024).

Tags: auto news, auto sales, Car Bike News

FIRST PUBLISHED: November 29, 2024, 14:01 IST

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The government also earned big money from your car in Diwali! ₹366 crore tax collected from 86 thousand vehicles

The government also earned big money from your car in Diwali! ₹366 crore tax collected from 86 thousand vehicles

by with No Comment Car Review

New Delhi. To attract customers during festivals, transport companies give huge discounts on their vehicles. This is the reason why people prefer buying cars during the festive season. This year, a new record has been made in vehicle sales during the festive season. On one hand, companies earn from the sale of vehicles, on the other hand, the government also earns a lot in the form of taxes.

According to official figures, till October 30 i.e. before Diwali, more than 86 thousand new vehicles have been registered in the Delhi Transport Department.

Government earned so much from vehicles
During the festive season, 86 thousand new vehicles have been registered in the Delhi Transport Department, due to which the government has received a revenue of Rs 366 crore in the form of registration fees. On one hand, this time there has been a decline in the sales of scooters and bikes as compared to last year, on the other hand there has been an increase in the sales of four wheelers.

According to the data, the number of light motor vehicles (including cars and SUVs) sold till October 30 has been more than 22 thousand. At the same time, the remaining approximately 56 thousand vehicles are included in the two-wheeler category. According to officials, a total of 80 thousand 854 new vehicles were registered during the festive season in November last year, out of which more than 57 thousand were two wheelers and 18 thousand 635 were four wheelers.

Tags: auto news, auto sales, Festive Season, Passenger Vehicles

FIRST PUBLISHED: November 2, 2024, 14:41 IST

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