Two Wheeler Market Sales

Motorcycle sales dipped by 6.7% to 124,705 units in Dec 2022; iQube electric sales provide silver lining, rise 10-fold YoY

The supply chain for electric two-wheelers (E2Ws) is coming into shape but still not ready, argues the industry association SMEV

Some of the uptick is also attributable to the marriage season which usually perks up the volumes in the northern part of the country

October likely to be good, too, amid the festival season

Rural states, such as Uttar Pradesh, Bihar and Jharkhand, have fallen higher in September on a MoM basis

Entry-level cars, two-wheelers remain in slow lane; two-wheeler exports jump

This includes the JV with Tacita; company is in talks with PE firms

High raw material prices and semiconductor shortage puts recovery in doubt for companies' plans

Likely to end year with 3-6% YoY decline: CRISIL estimates

Amid a poor demand pull and a sales push, the percentage of those who have chosen to get the two-wheeler purchase financed has seen a sharp quarter-on-quarter increase in the September quarter

10-12 per cent growth will translate to record volume, but commodity inflation and competition could affect gains