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