Two-wheeler sales see uptick in June but will demand sustain?

June 2021 has turned out into a month of good numbers, both for the passenger vehicle segment as well as the commercial vehicle industry. While the two-wheeler industry did not match their rate of growth, it was a similar case of pent-up demand translating into deliveries to dealers and conversion into retail sales across the country.  

A quick look at the top five two-wheeler OEMs and their June numbers (see table at the bottom) reveals that at 987,828 units, total sales were just a 3% increase over June 2020 (961,748) but a 199% jump over the lockdown-impacted ...