2-wheeler sales accelerate in December 2017, up 44% YoY
Led by bellwether Hero MotoCorp, two-wheeler manufacturers are seeing demand return on the back of an improving economy, new model rollout and a buoyant rural market.
04 Jan 2018
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The last month of calendar year 2017 has registered healthy growth of 43.71 percent YoY in the domestic two-wheeler market. The YoY growth rate is derived after taking into account the sales numbers submitted by Hero MotoCorp, Honda Motorcycle & Scooter India, Bajaj Auto, TVS Motor Company, Royal Enfield and Suzuki Motorcycle India.
The total two-wheeler sales (based on data taken from the above- mentioned six companies) in December 2017 stood at 12,54,818 units, thereby recording a good YoY growth of 43.71 percent. The six companies taken into account thus far had reported total sales of 8,73,159 units in ...
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