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Tuesday, December 24, 2024 | 12:30 AM ISTEN Hindi

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Scooter sales slip for the first time in 13 years over poor sentiments

While the top three scooter makers including Honda, Hero and TVS, did not comment, dealers and analysts have attributed the drop mainly due to customer decision to postpone the purchase

scooter
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At 6.77 per cent, scooters happen to be the only sizeable segment of the automobile industry with single-digit growth

T E Narasimhan Chennai
Scooter sales has dropped for the first time in 13 years, as customers from urban and semi-urban are going slow on purchase due to poor sentiments. With the new norms coming into effect, which is expected to push price, sales continue to see pressure, atleast till first half and companies likely to come out with products below 125cc to address the cost increase factor.

Scooters, which account for nearly one-third of total two-wheelers sold in the country, reported a 0.3 per cent drop in sales to 67 lakh units from 67.2 lakh units in the previous year. This was the

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