Omicron impact: Domestic two-wheeler sales take a severe knocking

YTD fiscal year sales plunge to the lowest in nine years, January remains muted

Domestic two-wheeler sales, which were yet to recover from a slowdown and then the first and second waves of the pandemic, have been hit further by Omicron.

After a very weak December quarter and a poor year-to-date (YTD) financial year volumes — when sales plunged to the lowest in nine years — the signs in the first 15 days of January haven’t been encouraging either.

“Though the severity of the current wave is not as high as the previous one, it has hit sentiments hard, impacting conversion of enquiries into sales,” said Vinkesh Gulati, president, Federation of Automobile Dealers Association (FADA). As