Moped sales decline 25% during Apr-Dec 2019; fall to 495,805 units

While moped sales declined 30% in the second quarter, TVS Motor recently said that it was confident of a better show after rural recovery

Sales of mopeds, the rural focused two-wheeler, saw the largest fall in the general decline of segment sales during the April to December 2019 period, first nine months of this financial year.

While India sales of scooters and motorcycles dropped 16.2 and 15 per cent, respectively, in the period, those of mopeds fell by 25.1 per cent. In the financial year's second quarter (July-September), the decline was 30 per cent.

TVS Motor, the country's third-largest maker of two-wheelers, is the sole manufacturer of mopeds. The company recently said sales would recover. According to industry data, moped sales dropped to 495,805 units during