Jharkhand vehicle sales trend: Demand for two-wheelers with 150 CC or more power
MANOJ SINHA Ramgarh, Jan. 9: The Chairperson of the Federation of Automobile Dealers Association, Jharkhand Chapter, Govind P Mewar, said that…
Govind P Mewar
MANOJ SINHA
Ramgarh, Jan. 9: The Chairperson of the Federation of Automobile Dealers Association, Jharkhand Chapter, Govind P Mewar, said that in the calendar year 2023, retail sales of vehicles have increased by 10.93% to a total of 544045 units, whereas in the calendar year 2022,has it was only 490462 units. Compared to last year, retail vehicle sales have increased by 19.81% to 42092 units in December 2023. Whereas in December 2022 last year there were 35133 units.
Speaking to the media, he said that at Jharkhand level, two-wheelers were sold at 32677 units, with an increase of 20.45% on December 23, whereas on December 22, it was 27129 units. Three-wheeler vehicles recorded sales of 2355 units on December 23, showing a growth of 32.23%, whereas it recorded sales of only 1781 units on December 22.
Discussing the commercial vehicles, he said that on December 23, it recorded sales of 1587 units, registering a growth of 15.08%, whereas on December 22, it was only 1379 units.
Passenger vehicles
Passenger vehicles in Jharkhand have recorded sales of 4450 units with a growth of 10.50% in December this year, whereas on December 22, it was 4027 units.
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Tractor sales
In December 2023, tractor sales have increased by 25.21%, and sales of 1023 units have been recorded, whereas in December last year, it was only 817 units.
“The above figures show that the sales of all vehicles in Jharkhand were better in December 23 compared to December 22 last year,” he said.
Notably, three-wheelers and tractors have performed very well this month, while two-wheelers, commercial vehicles and passenger vehicles have also shown a positive trend.
Trend of vehicle sales
“It is also worth noting that after analysing the trend of vehicle sales in Jharkhand, we find that the demand for two-wheelers with 150 CC or more power has increased significantly. In the calendar year 2022, 53793 units of two-wheelers with power of 150 CC or more were sold, while in the calendar year 2023, this sale increased to 73050 units, which shows an increase of 35.8%. The total sales of two-wheelers in 2022 were 396430 units, and in 2023, it will become 434318 units, which offers an increase of only 12.13%.
The same situation is also visible in passenger vehicles. Now, while buying a car for themselves, people are not only giving importance to the cost but also the power, safety standards provided in it, its looks and its good experience while driving the vehicle. As a result, the sales of UV vehicles are up to 65% of the total passenger vehicle sales. This can be attributed to good roads in Jharkhand, increasing income and economic development of rural areas.
