Vehicle registrations in November across most categories in comparison with the previous month are down. The slowdown maybe on account of the elections said J. B. Securities.
Brand new cars recorded 264 units in Nov down from 363 units in Oct and 365 units 12 months ago. Small cars (under (<) 1,000 engines) accounted for 60.6% of volumes followed by Medium cars that accounted for 38.3% of volumes.
Preowned cars recorded 1,766 units in Nov down from 2,149 units in Oct and significantly down from 2,989 units 12 months ago. Small cars (< 1,000 cc engines) accounted for 71.6% of total volumes.
Premium motor cars recorded 90 units in Nov down from 132 units in Oct and significantly down from 158 units 12 months ago.
Electric cars recorded 14 units in November slightly up from 12 units in Oct and 6 units 12 months ago.
SUVs recorded 638 units in Nov down from 738 units in Oct and significantly down from 1,301 units 12 months ago. Hybrid vehicles recorded 389 units in Nov down from 482 units in Oct and significantly down from 1,585 units 12 months ago.
Vans recorded 535 units in Nov down from 687 units in Oct but up from 451 units 12 months ago. Mini vans (< 1,000 cc) recorded 470 units.
3-wheelers recorded 995 units in Nov down from 1,244 units in Oct and 1,314 units 12 months ago.
2-wheelers recorded 18,540 units in Nov down from 21,918 units in Oct and 22,373 units 12 months ago. Brand new accounted for 18,274 whilst the balance 266 units were preowned. Electric 2 wheelers recorded 31 units. Pickup trucks recorded 85 units in Nov up from 59 units in Oct and significantly down from 207 units 12 months ago. Mini trucks recorded 101 units in Nov down from 149 units in Oct and significantly down from 222 units 12 months ago. Light trucks recorded 158 units in Nov down from 217 units in Oct and 233 units 12 months ago while Medium trucks recorded 129 units in Nov down from 212 units in Oct and significantly down from 240 units 12 months ago.
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