scooter sales

two-wheeler sales: May 2024, saw marginal decline in domestic 2-wheeler sales, exports however were up

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two-wheeler sales: May 2024, saw marginal decline in domestic 2-wheeler sales, exports however were up

The two-wheeler sales in India experienced a marginal decline in May as compared to the same period in the previous year. The major two-wheeler manufacturers of the country reported a decrease in sales numbers, reflecting a broader trend in the industry.Market leader Hero MotoCorp, sold 498,123 units in May 2024, marking a decrease from the … Read more

two-wheeler sales: India’s motorcycle and scooter sales likely crossed pre-Covid levels in FY 23-24

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two-wheeler sales: India’s motorcycle and scooter sales likely crossed pre-Covid levels in FY 23-24

Motorcycle and scooter sales in India likely grew in double-digits in the financial year 2023-24, crossing pre-Covid levels, buoyed by sustained revival in demand in both urban and rural markets. Industry estimates show domestic two-wheeler sales rose about 13% to 18.4-18.5 million units in FY24. Petrol-powered models comprised more than 95% of the total sales … Read more