Muted two-wheeler sales in August, industry pins hope on festive season

With the lockdown restrictions easing across India and the vaccination drive gaining traction, the two-wheeler sales see some signs of pick-up on a monthly basis.

While cumulative sales numbers from six leading OEMs – 1,271,455 units indicate a 6 percent upmove month-on-month, it declined 15 percent year-on-year. Semiconductor shortages is one of the major concerns in terms of delaying production schedule and reflects an industry-wide trend including passenger vehicles and commercial vehicles.

Hero MotoCorp: 431,137 units / -24 %
One of the top manufacturers, Hero MotoCorp sales dropped 24 percent to 431,137 units in August 2021 (August 2020: 568,674 units). ...