Motown's wheels have begun to rev up this festive season – and cars are clearly successful this drag race with bikes.

With secure private mobility objectives dwarfing different shopper priorities in the Covid backdrop, sales of sedans, hatchbacks and SUVs climbed a fifth this Navratri and Dussehra as greater than 200,000 consumers reached out for his or her cheque books.

Bike-makers, in contrast, weren't as fortunate: Sales of two-wheelers, significantly on the price-sensitive finish of the market, have been marginally decrease to flat. The influence of flat bike sales was seen on the shares: Bajaj Auto and HeroMoto each misplaced about 6% Monday, and have been among the many largest losers on the index.

But first, the excellent news.

Market chief Maruti Suzuki delivered its finest efficiency in about 5 years by delivering 95,000 cars. Hyundai Motor India, Kia Motors, and Tata Motors, too, registered report numbers, cashing in upon the pent-up demand in the festive season. Toyota Kirloskar delivered a 13% rise in retail sales during the nine-day interval.

Bookings by means of the season have been in lockstep with the variety of cars delivered, that means Diwali and Dhanteras can be as glowing because the Navratras.

Hyundai Motor retailed 26,068 models, a development of 28% over final yr, whereas deliveries have been larger at 30,000 models for a similar interval, climbing a fifth from final Navratri.

Tarun Garg, Director for Sales and Marketing at Hyundai Motor India, mentioned the constructive momentum in sales of the previous couple of months continued during Navratri and Dussehra.

"On all parameters, the numbers are very positive. Not only have the deliveries and retails grown by over 25-30% over the same period last year, but the bookings and enquiries also have been very strong, indicating that the rest of the season will be healthy", added Garg.