Two-wheeler OEMs ride rising wave of demand in July

There’s a whiff of sales positivity in the air and the two-wheeler industry is sensing it. As the country and most States re-open and lift extended lockdowns, the need to travel is translating into demand for personal mobility solutions.

While cumulative sales numbers from six leading OEMs – 1,200,621 units – indicate a 3% year-on-year decline, a good and positive marker of growth is the rising month- on-month sales: 18% (June 2021: 1,019,227 units). It’s a trend also reflected in the passenger vehicle and commercial vehiclesegments, which have recorded 15% and 28% month-on-month growth respectively. posted a 18% ...