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Scooters capture one-third of two-wheeler market

Domestic scooter market has expanded 25% in first April-May of FY18 to 1.15 million units

Scooters capture one-third of two-wheeler market

Scooters have captured more than one-third of the domestic two-wheeler market for the first time in over a decade. A sustained double-digit growth in scooter sales year after year has inched up its share to about 34 per cent in the world’s biggest two-wheeler market.  Motorcycle sales, commanding about 70 per cent of share in the financial year 2013-14 (FY14), is now down to 62 per cent. Mopeds form a measly four per cent of two-wheelers. Motorcycles sales have grown only five per cent between FY14 and FY17, while scooter volumes have zoomed about 55 per cent during the ...