Two-wheeler sales remain subdued in July as manufacturers limit dispatches

Two-wheeler dispatches in July either dropped or remained flat year-on-year as subdued demand and increasing stock levels at dealerships prompted manufacturers to align demand to supplies. Auto firms in India count dispatches to dealers as sales.

Cumulative sales at four companies including Hero MotoCorp, Bajaj Auto, TVS Motor and Royal Enfield during the month dropped by 2.4 per cent to 370,691 units from 380,046 units from the year ago period. Honda Motorcycle and Scooter India, the second largest in the pecking order hasn’t released monthly sales data yet.