Festivals Boost Demand for Automobiles in August; 4% Up From July
Retail auto sales boosted in August on account of festivals like Ganesh Chaturthi and Onam. Going by the reports of vehicle registrations' data, the demand increased by 4% in August from July in the country. However, experts feel that the sales might fall in September as some customers consider the first 17 days of the month inauspicious. Nonetheless, they hope for demand's revival in October-November owing to Diwali and Navratri.