{"id":46720,"date":"2023-11-07T10:36:34","date_gmt":"2023-11-07T10:36:34","guid":{"rendered":"https:\/\/earlypostdaily.com\/?p=46720"},"modified":"2023-11-07T10:36:36","modified_gmt":"2023-11-07T10:36:36","slug":"car-sales-rise-by-4-49-while-two-wheeler-sales-decline-by-26-in-jammu-and-kashmir","status":"publish","type":"post","link":"https:\/\/earlypostdaily.com\/index.php\/2023\/11\/07\/car-sales-rise-by-4-49-while-two-wheeler-sales-decline-by-26-in-jammu-and-kashmir\/","title":{"rendered":"Car Sales Rise by 4.49% While Two-Wheeler Sales Decline by 26% in Jammu and Kashmir"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>JAMMU:<\/strong> The Federation of Automobile Dealers Associations (FADA) has released the Vehicle Retail Data for October 2023 in the Union Territory of Jammu and Kashmir.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jammu and Kashmir Vehicle Retail Data for October 2023:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The 2-Wheeler category saw a decrease of -26.63%, with 6,737 units sold this month compared to 9,182 in October 2022.<\/li>\n\n\n\n<li>The 3-Wheeler category experienced a growth of 24%, with 1,111 units sold this month compared to 584 in October 2022.<\/li>\n\n\n\n<li>The Commercial Vehicle category witnessed a decrease of 53%, with 900 units sold this month compared to 837 in October 2022.<\/li>\n\n\n\n<li>The Passenger Vehicle category saw a growth of 49%, with 4,818 units sold this month compared to 4,611 in October 2022.<\/li>\n\n\n\n<li>The Tractor Vehicle category witnessed a decrease of 67%, with 192 units sold this month compared to 187 in October 2022.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In total, retail sales reached 13,758 units in October 2023, compared to 15,401 in October 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: FADA Research<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Disclaimer: The nationwide figures above do not include data from Telangana. Vehicle Retail Data has been compiled as of October 2023 in collaboration with the Ministry of Road Transport &amp; Highways, Government of India, and has been gathered from 1,348 out of 1,434 Regional Transport Offices (RTOs).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Commenting on the performance in October 2023, FADA Jammu UT Chairperson, Mr. Sanjay Aggarwal, stated, \u201cNavratri &#8217;23 brought unprecedented sales to auto retail, surpassing the previous high of Navratri &#8217;17. Year-on-year figures for this period indicate a robust increase in overall auto retail. With ongoing festivities, almost every automotive category experienced momentum except the two-wheeler (2W) category, which saw a decline of -26.63%. The rest, including three-wheelers (3W), passenger vehicles (PV), tractors (Trac), and commercial vehicles (CV), grew by 90.24%, 7.53%, 4.49%, and 2.67% respectively on a month-on-month basis. Throughout the month, the anticipation for Diwali in November and the launch of new models generated a steady demand.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JAMMU: The Federation of Automobile Dealers Associations (FADA) has released the Vehicle Retail Data for October 2023 in the Union Territory of Jammu and Kashmir. Jammu&hellip;<\/p>\n","protected":false},"author":1,"featured_media":46721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29,30,54],"tags":[2297,1032,68,128,82,1033],"class_list":["post-46720","post","has-post-thumbnail","category-jammu","category-kashmir","category-latest-news","tag-car-sales","tag-earlypostdaily","tag-jammu","tag-jammu-and-kashmir","tag-kashmir-2","tag-latestnews"],"_links":{"self":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/46720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/comments?post=46720"}],"version-history":[{"count":1,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/46720\/revisions"}],"predecessor-version":[{"id":46722,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/posts\/46720\/revisions\/46722"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/media\/46721"}],"wp:attachment":[{"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/media?parent=46720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/categories?post=46720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/earlypostdaily.com\/index.php\/wp-json\/wp\/v2\/tags?post=46720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}