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Passenger car registration drops in Dhaka

Jan 13 • Bangladesh Automotive Market • 115 Views • No Comments on Passenger car registration drops in Dhaka

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Passenger car registration is downscaling because of the growing use of ride-sharing services, higher import costs of reconditioned autos are amongst crucial variables.

The variety of passenger cars signed up in Dhaka declined in 2014 for the very first time since 2013.

Besides, the variety of recon and new autos and microbuses getting registered with the Bangladesh Road Transport Authority (BRTA) remained to drop throughout the nation for the second successive year.

Specialists and car importers associate cars’ sales slump to the expanding popularity of ride-hailing solutions. It is also because of the climbing rate of reconditioned cars and trucks.

Nevertheless, with Dhaka being the exemption, the number of new motorbikes registered in 2014 rose throughout the nation.

However, 434 passenger cars are signed up at BRTA offices in Dhaka each day. The everyday average registration consists of 272 motorbikes and also 41 vehicles, according to BRTA information.

Numerous professionals see the pattern as a ray of wish for reducing the capital’s traffic congestion. So, they condemn automobiles for using up roadway room while lugging fewer individuals than bigger lorries.

On the other hand, motorcycles are ending up being progressively in cities primarily because they can sieve via traffic.

Passenger Car
Car registration drops in Dhaka.

In 2014, 5.04 lakh cars took registration across the country, including 1.58 lakh in Dhaka. In 2018, the figures were 4.97 lakh as well as 1.71 lakh, specifically.

Abdul Haque, head of state of the Bangladesh Reconditioned Vehicles Importers as well as Dealers Association (BARVIDA), labelled the duty framework for passenger cars inequitable.

The government reduced the maximum depreciation of imported reconditioned vehicles to 35% in 2018-19 from 45% in 2015-16.

Thanks to ride-hailing solutions, many people are avoiding purchasing autos, Abdul said.

Spoken to Uber authorities stated the firm was intending to place even more people in cars.

App-based ride-hailing services are continuing in Dhaka since May 2015. The incorporation of bikes popularised the services.

Currently, there is 12 registered ride-hailing business with over 1 lakh vehicles, generally bikes as well as automobiles.

Sajol Rahman, a private staff member, claimed he was preparing to get a vehicle in 2017. “But we left away from the plan because making use of ride-sharing services verified to be practical.”

Prof Shamsul claimed the acquisition of 600 buses by the BRTC, as well as the intro of some brand-new bus courses in Dhaka as well as its surrounding areas, caused the boost in buses and minibuses.

“This is a great indication, particularly for lowering traffic jams in Dhaka,” Prof Shamsul, likewise a previous director of the Accident Research Institute at Bangladesh University of Engineering and Technology, said.

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BRTA Director (operations) Sitanghsu Shekhar Biswas stated they did not bring any change at any plans or charges that might influence the variety of vehicles. Import responsibilities of cars and trucks or various other tax concerns may have a contribution, he added.

Slowly, the number of autos enrolment in Dhaka is decreasing from 19,573 in 2017 to 15,016 last year. Outdoors Dhaka, the number also drops from 21,959 to 16,783 during the very same duration.

In 2014, fewer vehicles and also microbuses took registration in the nation; however, the enrolment of new buses and mini-buses enhanced.

The registered numbers of buses and mini-buses were 3,606 and 837 in 2015 throughout the country. In 2018, it was 2,755 and also 436, respectively. The BRTC’s import of 600 buses in 2014 was a significant factor behind the rise.

The authorities do not have any record of how many of these vehicles get on the road currently.  Besides, non-listed cars are running the streets.

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Passenger car registration drops in Dhaka
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