Suzuki steals scooter market share show in April-October, TVS walks the NTorq
Suzuki is the sole scooter maker to record sales growth, thanks to robust demand for the Access 125. TVS' YoY numbers are down but NTorq gives it a reason to smile.
The scooter market, like its motorcycle sibling, continues to feel the heavy hand of the economic slowdown. In October 2019, the scooter segment sold a total of 580,120 units, down -9.83% year on year (October 2018: 643,382). The April-October 2019 period saw cumulative sales of 36,97,553 units, down 15.90% YoY (October 2018: 43,96,446). If there really is a reason for OEMs to be optimistic, then it is that month-on-month sales are improving. Will the pace of sales pick up in the coming months and the run up to April Fool's Day next year, when BS VI kicks in? Difficult to ...
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