Auto Sector: Slight Benefit Of Festive Season

The auto industry, which has been languishing for several months, has got some relief during the festive season. Actually, the last October, there has been an increase in the sales of passenger vehicles. Sales of passenger vehicles increased by 0.28 percent to 2,85,027 vehicles this month. In the same month a year ago, the sales of such vehicles in the domestic market were 2,84,223 units.

However, this increase is slight in terms of the festive season. Let us know that Dussehra, Dhanteras, and Diwali are celebrated in October. Purchasing a car on this occasion is considered auspicious. This is the reason why every year the auto industry is looking forward to the festive season.

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