India's Best-Selling Scooters – May 2019 | Slowing Activa stays on top, TVS Jupiter and Suzuki Access eat into Honda, Hero market share
TVS Jupiter and Suzuki Access make gains at the expense of the longstanding scooter market leader, which is currently seeing its monthly number slowing down. Hero MotoCorp too feels the pressure.
The sea of red, which was the report card for the Indian automobile industry in May 2019, swamped all vehicle segments what with floundering consumer sentiment, a slowing GDP, a continuing liquidity crunch and a monsoon which is playing hide and seek. The scooter segment, not very long ago a 20 percent growth bagger along with the UV segment, has been among those hugely impacted.
The overall scooter market, which closed FY2019 with flat YoY growth of 67,01,469 units (-0.27%) and in negative territory for the first time in a decade, has begun FY2020 on a downward ...
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