Domestic sales of two-wheelers

Slowdown in demand

• Slowdown in two-wheeler demand continued in May despite marriage season
   
• Rural demand, which generates half of total sales, continued to be weak
   
• Demand for scooters in urban markets also seeing slowed demand
   
• Hero blames slowing rural economy and moderating wages for the fall in sales
   
• Honda's share grows to 26%, while Royal Enfield continues with robust growth