Sales fall as people in metros start ditching cars
- Traffic jams, parking problems, app-based cabs, and fast-spreading metro networks have resulted in car sales starting to fall in big cities
- GST implementation too impacted the fleet purchase
NEW DELHI: Traffic jams, parking problems, app-based cabs, online shopping and fast-spreading metro networks have resulted in car salesstarting to fall in big cities, something many hoped for but few expected to become a reality.
City-specific numbers accessed by TOI from industry sources show car sales dropped 20 per cent in Mumbai in 2017-18—97,274 cars sold during the year versus 1.22 lakh in the previous year. Bangalore, with its choked infrastructure but younger and tech-savvy population, saw car sales fall 11 per cent. Bangalore is India's second-largest car market.
The country's largest car market, Delhi, recorded a marginal growth of 1.6 per cent, and that too because of the lower base of 2016-17 when diesel car sales were banned for a few months.
City-specific numbers accessed by TOI from industry sources show car sales dropped 20 per cent in Mumbai in 2017-18—97,274 cars sold during the year versus 1.22 lakh in the previous year. Bangalore, with its choked infrastructure but younger and tech-savvy population, saw car sales fall 11 per cent. Bangalore is India's second-largest car market.
The country's largest car market, Delhi, recorded a marginal growth of 1.6 per cent, and that too because of the lower base of 2016-17 when diesel car sales were banned for a few months.
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