Covid taught us many things. After the Covid outbreak, we started following personal hygiene like regularly using hand washes and sanitisers. If not for the pandemic outbreak, it would have taken much time for us to start following these things. The positive side of the virus is that the people got the opportunity to stay with their loved ones due to the lockdown.
One more thing is that Covid changed the perspective of Indians. Generally Indians are known for saving money rather than spending. Unlike the west where people are interested in spending money on weekends,Indians prefer saving money. But that was changed.
As a result, the car sales saw a big jump in India. The sales registered a boom,that surpassed the pre-pandemic period. This is a piece of good news for the automobile industry.
Automobile industry is one of the most profitable industries in the country. The Covid also impacted it. So the Indian government announced some perks for the industry. After going through a tough time for over two years, the automobile industry bounced back. With this, India saw higher sales of cars in one year which is higher than the pre-pandemic era, it is 2019.
As per the data, as many as 33 lakh cars were sold in India in 2019. Now the record was broken with 38,89,545. We can see a big jump in sales.
Young employees and recently married people are showing interest in buying cars. While this could be one of the reasons, families are also preferring buying a car so that they can travel together.
Buying a car was a big task earlier. But things have changed now and we can buy cars in EMIs without even paying a down payment. Seeing the process getting easy, people showed interest and bought cars.
On the flipside the car manufacturing companies are also attracting customers with big offers like cut in the process and others. All these things might have resulted in the car sales seeing a big jump. It appears like the automobile industry started getting back to normal and seeing good sales.
Maruti Suzuki is the most trusted company among Indians and this is reflected in the car sales. Around 16 lakh cars were sold in one year from the company followed by Hyundai, Tata,Mahindra and Mahindra and Kia. Surprisingly, people showed interest in buying SUVs rather than small cars.
One more thing is that Covid changed the perspective of Indians. Generally Indians are known for saving money rather than spending. Unlike the west where people are interested in spending money on weekends,Indians prefer saving money. But that was changed.
As a result, the car sales saw a big jump in India. The sales registered a boom,that surpassed the pre-pandemic period. This is a piece of good news for the automobile industry.
Automobile industry is one of the most profitable industries in the country. The Covid also impacted it. So the Indian government announced some perks for the industry. After going through a tough time for over two years, the automobile industry bounced back. With this, India saw higher sales of cars in one year which is higher than the pre-pandemic era, it is 2019.
As per the data, as many as 33 lakh cars were sold in India in 2019. Now the record was broken with 38,89,545. We can see a big jump in sales.
Young employees and recently married people are showing interest in buying cars. While this could be one of the reasons, families are also preferring buying a car so that they can travel together.
Buying a car was a big task earlier. But things have changed now and we can buy cars in EMIs without even paying a down payment. Seeing the process getting easy, people showed interest and bought cars.
On the flipside the car manufacturing companies are also attracting customers with big offers like cut in the process and others. All these things might have resulted in the car sales seeing a big jump. It appears like the automobile industry started getting back to normal and seeing good sales.
Maruti Suzuki is the most trusted company among Indians and this is reflected in the car sales. Around 16 lakh cars were sold in one year from the company followed by Hyundai, Tata,Mahindra and Mahindra and Kia. Surprisingly, people showed interest in buying SUVs rather than small cars.