Car Sales In Dhanteras: Diwali Pushes October Numbers Over 4.5 Lakh Units | N18G

Car Sales In Dhanteras: Diwali To Push October Numbers Over 4.5 Lakh Units | N18GIt is a bumper Diwali 2024 for carmakers amid a slow year. The decision taken by most manufacturers to build up inventory ahead of the festive season is paying off, with passenger vehicle registrations already reaching a record 4,25,000 units as of October 29, according to Vahan data. The previous peak for passenger car registrations was 3,99,112 units in January 2024. There is even potential to hit the 4.5 lakh milestone by the end of the month should the current daily registration rate of 14,732 units continue.Show more