The first leg of the festive period, which ended with Vijayadashami on Sunday, left a trail of contrarian tales: even as cars zoomed past their sales goalposts, two-wheelers trudged along the rocky road. Car deliveries during the nine-day period saw sharp year-on-year (YoY) double-digit increase for most automobile companies, said executives at carmakers and dealerships. In sharp contrast, the mood at two-wheeler firms and dealerships was sombre.
The cumulative retail sales of two-wheelers are estimated to have plunged 10 per cent YoY, said dealers. They attributed the lacklustre sales to shuttered schools, colleges, and other commercial establishments accounting for
The cumulative retail sales of two-wheelers are estimated to have plunged 10 per cent YoY, said dealers. They attributed the lacklustre sales to shuttered schools, colleges, and other commercial establishments accounting for