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Two-wheeler sales continue to skid in February amid high inventory

Cumulative sales at India's top five scooter and motorcycle makers dropped 5.73%

Shally Seth Mohile 

Two-wheeler sales continue to skid in February amid high inventory

Extending the sluggishness of previous months, remained weak in February over the same month a year ago amid high level of unsold stock and tepid buying sentiments, shows monthly sales data released by last week.

Auto firms in India count dispatches to dealers as sales. Cumulative sales at India's top five scooter and motorcycle makers including Hero MotoCorp, and Scooter India, Bajaj Auto, and dropped 5.73 per cent to 1506,507 units over the same month a year ago.

The overall volumes were dragged down by sales decline of 2 per cent at Hero and 16.5 per cent at Honda— the two largest in the pecking order. Amid the gloom and falling sales, was the only notable exception.

The maker of Pulsar and Discover models saw a 6 per cent year-on-year growth during the month.

Apart from Bajaj Auto, was the only other manufacturer that escaped a skid in sales. It saw sales rise, albeit marginally, by 0.5 per cent during the month.

Two-wheeler sales continue to skid in February amid high inventory


First Published: Mon, March 04 2019. 23:55 IST
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