Two-wheeler OEMs clock growth in December but will 2021 see sustained sales rally?

In sync with the passenger vehicle industry, two-wheeler  manufacturers have ended 2020 on a slightly happy note albeit it is to be seen if the sales momentum can be sustained in 2021. While the numbers, from six OEMs, indicate year-on-year growth, the month-on-month numbers are down by 29%, which is a 7% more than the previous month. Let’s have a look at the six pack of OEMs who have released their December 2020 sales / despatch numbers. 

Hero MotoCorp: 447,335 units / 5%
The world’s largest two-wheeler manufacturer Hero MotoCorp sold around 447,335 units registering a 5% growth on ...