Automobile
Sale of passenger vehicles shot up for sixth straight month
Passenger vehicle sales increased for the sixth straight month in January as pent-up demand, sustained preference for personal mobility drive up wholesale volumes.
According to data available with industry body Society of Indian Automobile Manufacturers (SIAM), as many as 276,554 passenger vehicles were sold last month, which is an increase of 11.14% over 248,840 units sold in the year-ago period.
The growth would have been even higher at 16% if we were to include sales of Tata Motors which has stopped reporting data to SIAM on a monthly basis.
Sales of two-wheelers went up 6.63% in the month under review. While sales of scooters rose 9% to 454,315 units, those of motorcycles went up 5.1% to 916,365 units. Demand for three-wheelers continued to remain muted and fell by 56.8% to 25,335 units in January.
With the numbers of vehicles on road increasing on a daily basis, India also stands as number one country in terms of death in road accidents ahead of China and USA. Union Minister Nitin Gadkari has emphasized on reducing fatal accidents on roads in the country.
Hyundai India launched the much-awaited Creta Knight Edition in the country at a starting price of Rs 13.51 lakh (ex-showroom, all-India). This new variant is available in both petrol and diesel engine options and can be had either with a manual or an automatic transmission unit. To read more about the Creta Knight Edition, click here. In addition to this, the company has also introduced a model-year update for the Hyundai Creta with new feature additions.
The 2022 Hyundai Creta is now available in a new Denim Blue colour option and the Highline TPMS is now standard across all variants. The SX (O) trim now also gets a glossy black centre console. Furthermore, the company will offer the iMT option on the 1.5-litre petrol ‘S’ variant to further expand choices for the customers. The new S+ variant powered by a 1.4-litre T-GDi petrol engine with 7DCT now gets an additional set of features, such as –
– Smart panoramic sunroof
– 16-inch black alloy wheels
– Smartphone wireless charger
– Rear Disc Brakes
– Electronic Stability Control (ESC)
– Vehicle Stability Management (VSM)
– Hill start assist control (HAC)
– Paddle shifters
– Metal pedals
– Electric and auto-folding ORVMs
– Power window auto up/down
Mechanically, the SUV continues to be powered by the existing petrol and diesel engine options.
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