“Dhanteras Delight: Two-Wheeler Frenzy in Chandigarh as Auto Sales Surge Amidst Festive Rush”
Chandigarh experiences a surge in two-wheeler sales on Dhanteras, with over 500 vehicles sold. Despite registration challenges, the festive fervor also drives demand for gold, leading to traffic chaos in popular markets.
On the auspicious occasion of Dhanteras in Chandigarh, the sale of two-wheelers took center stage, recording 340 sales compared to 200 four-wheelers, all non-electric. With the UT administration temporarily lifting restrictions on non-electric vehicles for the festive season, over 500 residents celebrated by driving home their dream vehicles.
According to local auto dealers, the festive fervor saw an impressive surge in auto sales, with two-wheelers being the preferred choice for many, accounting for a significant portion of the 500 vehicles sold. Maruti Suzuki, Hyundai Motor India, Mahindra & Mahindra (M&M), and Hero MotoCorp were among the most sought-after brands, with popular models facing availability issues due to increased demand.
Vehicle showrooms extended their operating hours to accommodate the heightened demand, with deliveries commencing at 8 am and continuing late into the night. The surge in sales was notable, especially considering that on a regular day, both segments typically see fewer than 100 sales each.
While Dhanteras brought joy to many buyers, auto dealers expressed dissatisfaction over the registration issues faced by two-wheeler buyers. The UT administration had initially halted the registration of fuel-run two-wheelers on October 29, impacting around 700 bookings. However, following pressure from dealers and buyers, the cap was lifted on November 8, allowing limitless registration of non-electric vehicles until November 27.
In addition to a surge in auto sales, there was a remarkable increase in the demand for gold, even with the price of 24-carat gold reaching ₹62,500 per 10 grams. Jewellery stores witnessed heavy footfall, and despite the high prices, customers actively purchased gold until late in the evening.
As residents flocked to make purchases on Dhanteras, traffic chaos ensued in various parts of Chandigarh, particularly around popular markets in Sectors 17, 19, 22, and 35. Traffic police were deployed to regulate the flow and tow away wrongly parked vehicles. High demand for cabs led to extended waiting times, with surge pricing reaching four to six times the regular fare.
Sources By Agencies
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