zzdcar
Home
/
Reviews
/
Buying
/
India Stopped 1.3 Billion People From Buying A Car
India Stopped 1.3 Billion People From Buying A Car-September 2024
2024-02-19 EST 22:09:37

Image for article titled India Stopped 1.3 Billion People From Buying A Car

The covid-19 lockdown in India was so effective it prevented the nation’s massive population of 1.35billion people from buying a new car for the entire month of April.

The world’s second-most populated country didn’t achieve a single new car transaction last month as authorities cracked down to limit the virus outbreak, according to India’s :

India’s $120 billion automobile industry registered an unprecedented zero sales in the domestic market in the month of April as the lockdown in the country kept all factories and dealerships shut. The only business transaction registered by the companies included some small numbers for exports and sale of tractors that were exempted from the ambit of the lockdown as an essential part of agricultural activity.

That’s a stark contrast to the outlook just a year ago, from Business Today:

In April 2019, the industry had registered sales of 2,001,096 units-1,638,388 units of two wheelers, 68,680 units of commercial vehicles, 46,262 units of three wheelers and 247,541 units of passenger vehicles.

This April, only a couple of manufacturers managed to ship a few-hundred units out of ports for international markets, and most of those were reportedly tractor or equipment sales. The entire automotive market in India just shut down for an entire month.

Of course, preventing roughly a third of the world population from shopping is no easy task and, unfortunately, many authorities in India turned to violence and aggression to enforce strict quarantine rules, even beating some motorists with batons in the streets.

With a national population of over 1.3 billion, India should be very concerned about the novel…

Like in many places in the world, r against children and women are skyrocketing as people are locked up with their abusers. Displaced Muslim families driven out of their homes before the virus outbreak by mob violence now have . And as quarantine limitations begin to lift, over increased taxes on alcohol and frustrations over remaining restrictions.

So they may not be selling any cars, but the virus is wreaking havoc in matters of much more urgency, as well. It’s not even likely next April will achieve the sales volume of 2019, as global and economic recovery from covid-19 remains uncertain.

Via .

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Buying
Which One Of You Suckers Is Going To Pay Over $32,000 For A 25-Year-Old Toyota 4Runner
Which One Of You Suckers Is Going To Pay Over $32,000 For A 25-Year-Old Toyota 4Runner
The (and Tacoma) have a death grip on used values. It’s been this way for years. Go ahead, go try and buy any TRD trim that’s a couple of years old; it’ll cost you as much as a new one — not that you could buy a new one...
Sep 20, 2024
Someone Willingly Paid $16,000 For A Maserati Ghibli On Cars & Bids. Don’t Make The Same Mistake
Someone Willingly Paid $16,000 For A Maserati Ghibli On Cars & Bids. Don’t Make The Same Mistake
Let’s cut right to the chase: buying a is not a good idea unless you have deep enough pockets for the upkeep. For those not in the know, they’re sirens. They draw you in with their premium Italian image and sweet songs of and then go in for the...
Sep 20, 2024
At $5,900, Is This 1984 Nissan 720 4X4 A Solid Deal?
At $5,900, Is This 1984 Nissan 720 4X4 A Solid Deal?
According to its seller, today’s Nissan 4X4 shows “pride of ownership.” Let’s see if it would take swallowing one’s pride to pay its asking price. Opinions were split on how well the design of yesterday’s has held up over the years. Some of you commented that the design still...
Sep 20, 2024
At $8,600, Would You Go Topless In This 1994 Cadillac Eldorado?
At $8,600, Would You Go Topless In This 1994 Cadillac Eldorado?
The seller of today’s Caddy claims they should be selling it at auction but says who’s got time for that? Let’s see if we have the time for this custom convertible at its non-auction price. Many of you agreed that the $950 asked for yesterday’s was “chump change.” Even...
Sep 20, 2024
At $18,500, Would You Lean Toward Buying This 2022 Ford Mustang?
At $18,500, Would You Lean Toward Buying This 2022 Ford Mustang?
Today’s Mustang is being sold by a towing yard, which means it’s probably a lien sale. Let’s see if this clean title convertible is priced to put a new buyer on the hook. The general consensus on last Friday’s was that it would be the perfect car for someone...
Sep 20, 2024
At $950, Would You Go All-In On This 1984 Plymouth Colt GTS Turbo Project?
At $950, Would You Go All-In On This 1984 Plymouth Colt GTS Turbo Project?
One of the calling cards of today’s Plymouth Colt is its “Twin Stick” overdrive gear change, which gives the car eight speeds going forward and two in reverse. Let’s see if this project car has anything else to offer. Just as Goldilocks discovered when appropriating Papa Bear’s lifestyle and...
Sep 20, 2024
Copyright 2023-2024 - www.zzdcar.com All Rights Reserved