Two-wheeler sales extend recovery; Hero MotoCorp posts 15.5% growth

Domestic two-wheeler sales rose in November at most of the manufacturers on last year’s low base. Some of the uptick is also attributable to the marriage season which usually perks up the volumes in the Northern part of the country.  Combined dispatches at the top five manufacturers rose 17 per cent year-on-year to 1.1 million units.

This is the eighth consecutive month of increase in sales in the world’s largest market for scooters and motorcycles. The recovery comes after the segment—the worst hit by the pandemic and a combination of factors including regulatory changes, slowdown in rural India and incessant price