However, sales remained in the red on a year-on-year basis.
Nevertheless, on a YoY basis, September retail sales declined by 10.24 per cent to 13,44,866 units from 14,98,283 units off-take during the like month of last year.
Commenting on September’20 performance,
“Passenger Vehicles for the first time saw positive growth coming back on YoY basis. With social distancing on customer’s mind coupled with the government’s push to further normalise business conditions and banks becoming more considerate to finance vehicles, entry level passenger vehicles saw good demand thus indicating a preference for personal transportation over public.”
He cited new launches and vehicle availability played their part as catalyst.
“A lower base during last FY also helped the cause.”
On a yearly comparison, passenger vehicles retail sales grew by 9.81 per cent to 1,95,665 units from 1,78,189 units off-take during the like month of last year.
In contrast, two-wheeler sales de-grew by (-) 12.62 per cent to 10,16,977 units from 11,63,918 units sold during September 2019.
SEE ALSO: Infosys to acquire US-based data analytics company for $125 million — deal expected to close in third quarter
Here are the guidelines for refund of airline tickets booked during the lockdown period issued by the DGCA