 "Two wheelers")
The domestic two-wheeler sales of four major companies -- Hero MotoCorp, Honda Motorcycle and Scooter India, TVS Motor and Bajaj Auto -- rose by just 0.7 per cent Year-on-Year (Y-o-Y) to 1.51 million units in September this year.
This contrasts sharply with the passenger vehicle (PV) market, where automotive manufacturers are posting record sales numbers.
In September, the Indian automobile industry achieved a record-breaking monthly domestic PV wholesale figure of 363,733 units, representing a 2.36 per cent Y-o-Y growth.
Hero MotoCorp, India's largest two-wheeler maker, said: "As the country enters the peak festive season in the coming weeks, Hero MotoCorp expects the demand to be on a healthy trajectory, led by macro-economic factors."
This contrasts sharply with the passenger vehicle (PV) market, where automotive manufacturers are posting record sales numbers.
In September, the Indian automobile industry achieved a record-breaking monthly domestic PV wholesale figure of 363,733 units, representing a 2.36 per cent Y-o-Y growth.
Hero MotoCorp, India's largest two-wheeler maker, said: "As the country enters the peak festive season in the coming weeks, Hero MotoCorp expects the demand to be on a healthy trajectory, led by macro-economic factors."
