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Two-wheeler sales zoom in Oct in anticipation of a good festive season

Dealers fear a weak retail demand may lead to stock pile-up

Topics
two-wheeler sales | Two-wheeler market | festive season sale

Shally Seth Mohile  |  Mumbai 

Two-wheeler sales at most firms rose at a brisk pace in October as companies dispatched higher volumes in anticipation of a good festive season that began with Navratra. Cumulative sales at two-wheeler makers (excluding Honda Motorcycle) rose 23 per cent year-on-year.

The volumes however, are not strictly comparable with the last year’s as unlike the last year, when two key festivals – Navratra and Diwali were clubbed in a single month – this year they are staggered over two months. Two-wheeler dealers said dispatches by manufacturers are outpacing the actual ...

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First Published: Mon, November 02 2020. 18:22 IST
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