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3-wheeler sales grow 13% in H1

Clock 13.4% growth in H1; Bajaj Auto and Piaggio Vehicles drive volumes

Ajay Modi  |  New Delhi 

With the rapid expansion of taxis from Ola and Uber in most cities, one might expect sales of three-wheelers (auto rickshaw) to go down. Well, that's not the case. Three-wheelers, most of which are passenger carriers, have grown by a sharp 13.4 per cent in the first six months of FY17, higher than the 12.34 per cent growth seen in passenger vehicles (cars, utility vehicles and vans).  Three-wheeler sales had grown by mere than one per cent in FY16. The two top three-wheeler players in the country, Bajaj Auto and Piaggio Vehicles, are driving volumes. Bajaj has seen ...

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