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Auto sales shine in May, 16-month scooter run slows

With all segments, other than two-wheelers, posting double-digit growth, India Auto Inc is poised for strong growth. But inventory issues with Hero and Honda and high petrol prices could be impacting scooter sales.

By Mayank Dhingra, Amit Panday & Kiran Bajad calendar 11 Jun 2018 Views icon9936 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Auto sales shine in May, 16-month scooter run slows

The hot Indian summer, even as it gives way to a bountiful monsoon, has shone on India Auto Inc what with overall sales numbers nearing the 2.3 million units mark. At 2,282,618 units sold last month, sales in May 2018 were a good 12.13 percent growth over the year-ago sales. All segments, other than two-wheelers, notched growth in double digits – passenger vehicles (301,238 / +19.65%), commercial vehicles (76,478 / + 43.06%), three-wheelers (54,809 / + 51.97%) and two-wheelers (1,850,093 / 9.19%).

What came as a sweet surprise though is the substantial recovery of passenger car and motorcycle sales, ...

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