Auto sales jump 19% in festive season; price hikes in the offing
Several automakers on Monday announced their plans to raise prices by January 2024.
festive season
November 2023
October 2023
September 2023
July 2023
October 2022
September 2022
November 2020
Durga Puja potters at 60% of pre-Covid business; guess who's the culprit!
During Covid, many people started using social media, especially YouTube, for making small clay idols at home. This has hit professional potters' business
Sellers expect 15% uptick this festive season
A median growth of 26% in sales and a minimum 15% growth from the previous year is expected by the sellers.
Residential sales poised to touch 10-yr high in 2023: CBRE
On the back of strong demand momentum, CBRE estimates the housing market will further bolster in the upcoming festive season in H2 2023
Festive sale to hit ₹90,000 cr in FY23, 18-20% higher than FY22
75% of consumers report improved financial situations over past year. This newfound confidence is driving an interest in luxury brands, exotic travel, and new vehicles
June auto retail sales up 10%; dealers gear up for festive season
In comparison to pre-COVID levels, the overall auto retail marked a marginal decrease of 3%, with 2W as the sole laggard
Auto sector kicks off festive season with 10% growth in PV sales
FADA says October will see auto retail on high grounds, with dealers anticipating the month to be the “best festive in a decade” for the PV segment.
Two-third households plan festive spending this season, says survey
Two third of the respondents intend to spend money during this festival season, with half of them willing to spend over ₹10,000 on festival purchases, as per the LocalCircles survey.
Revenge consumption: consumers flock to stores as festivities near
Young fashion brand FabAlley & Indya expects festive sales in East India to grow by 70% over last year.
Vehicle registrations decline in October
India's auto industry, hurt by fall in demand due to Covid-19, sees momentary hope in the sale of tractors, signalling a buoyancy in the rural market.
