Business Standard

Friday, December 27, 2024 | 03:29 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

From Hero MotoCorp to Bajaj Auto: Two-wheeler sales continue to go down

Hero MotoCorp and Honda Motorcycle and Scooter India saw volumes skid 23.22 per cent and 10.59 per cent, respectively

two wheeler, honda, motorcycle
Premium

With a proposed hike in registration of new vehicles, the cost of owning an automobile is expected to go up

Shally Seth Mohile
Two-wheeler sales in India, the world’s largest market for such vehicles, extended the declining streak of the previous months as manufacturers pared dispatches to dealers in a bid to control inventory on the back of poor retail sales. 

Automakers in India count dispatches to dealers as sales. Dragged down by top two firms — Hero MotoCorp and Honda Motorcycle and Scooter India — which saw volumes skid 23.22 per cent and 10.59 per cent, respectively, motorcycle and scooter sales in India skidded 16.3 per cent to 1,486,828 units over a year-ago period.

With a proposed hike in registration of new

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in