India's 2W industry matches CVs and PVs in 88% sales plunge in March, 27% in FY2020

Sales numbers and vehicle segment statistics often throw up interesting data which makes market analysis so much more exciting. That's just the case in the coronavirus-hit March 2020. As per the sales numbers released by some OEMs and analysed by Autocar Professional, all three vehicle segments – passenger vehicles, commercial vehicles and two-wheelers – have seen their sales plunge by 88% in March and by 27% in FY2020.  

As per the sales despatch numbers released by 6 two-wheeler OEMs, their cumulative numbers in March 2020 at 839,421 units constitute a massive 88% year-on-year decline (March 2019: ...