Festive rush: Two-wheeler sales up 4% in Sept
Financial Express Mumbai|October 03, 2023
DOMESTIC TWO-WHEELER SALES of four manufacturers, who control 56% of the scooter and motorcycle market, rose 4% in September as expectations of festive rush in demand pushed increase in channel stock.
SWARAJ BAGGONKAR
Festive rush: Two-wheeler sales up 4% in Sept

Total domestic sales of Hero MotoCorp, TVS Motor Company, Royal Enfield and Suzuki Motorcycle stood at 937,226 units in September, which has traditionally been a month when inventories rise. Bajaj Auto, Honda Motorcycle and Scooter India and Yamaha, who control little over 40% of the market, have yet to announce their September volumes.

The growth in two-wheelers volumes is in line with the recovery in demand in the rural sector, where market watchers expect demand to improve significantly in the festive days, including Navratri and Diwali.

Denne historien er fra October 03, 2023-utgaven av Financial Express Mumbai.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra October 03, 2023-utgaven av Financial Express Mumbai.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

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