Car News

Odd-Even Rule leads to spike in vehicle sales

 
Odd-even rule Noida new vehicle sales rise

The sharp rise in vehicle sales indicates that people are not shying away from investing in an additional car to beat the system.

The effectiveness of NCR’s Odd-Even rule in curbing pollution and enabling traffic decongestion has always been a debatable subject. The new vehicle registration trend at Noida RTO strongly indicates that the vehicle rationing is not going to be a sustainable solution.

A Times Of India report says that new vehicles registration at Noida RTO witnessed a sharp rise in both January and April 2016 – the months of odd-even rule implementation. Private car registrations in January 2016 stood at 1,887 units as against December 2015’s tally of 1,614 units which is a rise of 17%. However, the registrations dropped back to 1,572 units in February and continued flat in March with a figure of 1,576 units.

Suzuki Ciaz RS at 2016 Bangkok Motor Show

Mild hybrid cars like Ciaz SHVS are exempted from the odd-even rule.

After a two month gap, the Delhi government announced the implementation of odd-even rule in the NCR again in April. As per the stats, 712 private four-wheelers were registered at Noida RTO in the first 10 days of the month. If the same rate continues, the transport office would end this month with a volume of 2,136 units which represents a MoM growth of 36%. The odd-even rule has also resulted in increased sales of two-wheelers as well.

Maruti Suzuki Chairman not happy with Delhi odd-even rule

If the growth in new vehicle registration continues, odd-even rule will soon become ineffective.

Also read – Delhi Diesel ban extended

This pattern clearly indicates that the Noida residents are coming forward to buy an extra car to beat the system. Since most of them commute to Delhi or Gurgaon for work on a daily basis, having two cars – one with even and other with odd registration number – makes sense. We think, a strong push to promote sales of hybrid and electric vehicles would be a more sustainable solution to keep Delhi’s vehicular pollution in check.

Via – TimesofIndia.Indiatimes.com

 

About the author

Nithyanandh Karuppaswamy

Winner of national level automotive quiz competitions, Nithyanandh aka Nithz jumped into the blogosphere right after gaining a degree in Mechanical Engineering. Love for automobiles and an even greater drive to share his knowledge with the automotive community, Nithz is Deputy Editor at RushLane.

Email - nithyanandh@rushlane.com

  • Net Troll

    Selling hybrids and EV’s won’t really accumulate autorickshaw driver votes so Mr. Dramawaal won’t do anything such. A proper solution would be to tax EV’s less or make them tax free, allow tech companies to come up with their charging stations and charge a commercial cost of electricity for recharging EV owners. Subsidize Solar Panels or make them Tax free and make a rule for every society to implement shed system for EV owners that the panels can recharge the vehicle and also keep them in shade. I guess this is not some rocket science.