Two-wheelers in the slow lane
Rural demand impacted by the second wave of Covid-19 is yet to recover.
Two wheeler sales fell in December 2021 as rural demand, impacted by the second covid wave in the April-June 2021 quarter, is yet to show signs of revival. This is in contrast to December last year when sales showed an uptick on the back of good monsoons, as well as the gradual lifting of the lockdown in several states.
Hero MotoCorp saw a 12 percent decline in domestic sales logging 374,485 units in December 2021 as against 425,033 in December 2020. Export numbers were down nine percent for the month to 20,288 units compared to 22,302 in December 2020.
Bajaj Auto ...
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