Motor Vehicles Sales Down By 50 Percent


Oct. 23, 2011, 5:45 p.m. Published in Magazine Issue: Vol. : 05 No.- 08 Oct. 21- 2011 (Kartik 04,2068)<br>

Businessmen brought various offers targeting the festive season but the automobile market remained unresponsive and dull. Bhadra and Ashoj are considered the best for the sale of automobiles. However, in comparison with the sales of the previous year for this period, sales dropped by half this season. In Dashain, sales of automobile generally increases, but this year there has been a steep decline in sales, say industrialists.

In comparison to the previous fiscal year (067/68), Bhadra of this year has seen the sales of motorcycles decrease by 46 percent whereas sales of four wheelers have decreased by 50 percent, according to the Department of Transport Management. The effect of Auto show-2011, which was organized by Nepal Automobile Dealers' Association (NADA) in Bhadra -- targeting the upcoming festivals like Dashain, Tihar, Chhat -- is also null.

Shekhar Golchha, Executive Director of Golchha Organization, accepted that sales have remained indifferent despite the hard work done by the businessmen. He accused the government policy for the dip in sales of automobiles.

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