Ahmedabad: Two-wheel requests continue to remain calm even 16 months after the pandemic-induced lock.
Retail sales for two wheels continue to remain on a 30% decline in July against the pre-pandemic level.
Vehicle retail reports recently released by the Federation of Automobile Dealers (FADA) – Gujarat, showed that around 68,647 two-wheeled was registered on July 202 to 98,946 registration in July 2019.
The amount of year-on-year registration fostered 29%.
, 52,895 two wheels sold in July 2020, although on a lower basis.
Fewer student buyers, monsoon and dent revenues that look weak from two-wheeled buyers have a big impact on sales figures since the pandemic.
“Overall, the demand for two-wheeled has declined since 2019 because of the compulsory third-party insurance, which adds to the cost of ownership of vehicles.
In addition, with the launch of the BS-VI variant, prices have increased significantly.
This pandemic really dampens sentiments for purchasing wheels Two, “said Pranaav Shah, Chairperson – Gujarat, Fada.
“With online education, most students, consisting of most of our customers, do not buy vehicles at all.
The income of two-wheeled buyers has declined since the pandemic, because only those who need to make a purchase,” Shah said.
The two-wheeled dealer claims that with a weaker monsoon, the purchase sentiment is expected to remain muted.
“The Monsun hasn’t taken well this time because any purchase sentiment is not optimistic.
Inadequate rainfall will only add to the agrarian difficulties faced by rural residents, the weakening of their purchasing capabilities,” said a two-wheeled vehicle dealer based in the city.
While selling two-wheeled wheels was hit, the demand for cars had recovered well supported by better demand.
The recovery of the sale of four-wheeled vehicles is very good thanks to the purchase of Muhurat in Rath Yatra, according to the dealer.