Three-wheeler, CV retail sales rise in festive season
Financial Express Mumbai|November 20, 2021
Low base, infra push by govt, increased e-commerce activities, and opening up of malls aided sales growth
SAJAN C KUMAR

EVEN AS THE overall automobile retail sales declined by 18% during the 42 days of festive season comprising October and the first 10 days of November, three-wheeler and commercial-vehicle (CV) sales witnessed a year-on-year rise on the back of low base of last year, infrastructure thrust by government, increased e-commerce activities, and opening up of malls and other commercial establishments.

As per Federation of Automobile Dealers Associations (Fada) data, three-wheeler and CV retail sales rose by 53% and 10%, respectively, during the 42 days of festive season, while all the other categories were in the red. In October 2021, on a y-o-y basis, the retail sales of three-wheelers went up by 74%and CVs by 26%.

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