Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Scooters power two-wheeler sales - Mahesh Vyas

Scooters power two-wheeler sales - Mahesh Vyas

Share this article Share this article
published Published on May 29, 2023   modified Modified on May 29, 2023

Centre for Monitoring Indian Economy

Sales of scooters (including electric scooters) increased by a handsome 7 per cent in April 2023. Motorcycle sales grew modestly, by 2.9 per cent, while moped sales fell by 7 per cent in April 2023. Total two-wheeler sales in April 2023 were 4 per cent higher than in March 2023.

Scooters led the recovery in two-wheeler sales in 2022-23 with a 26 per cent jump. Its leader position prevailed in April 2023 as well. Motorcycles have continued to record low single digit growth this year much like its 3 per cent growth in 2022-23. Moped sales fell nearly 8 per cent in 2022-23 and its fall continues into 2023-24.

Scooter sales account for a third of total two-wheeler sales. Thus, the segment was a major contributor to the growth in two wheeler sales in April 2023. The contribution of motorcycles, in comparison, was a tad lower.

Scooter sales continue to do well. April 2023 was the fourth consecutive month of an increase in scooter sales. This was the fourth successive month wherein scooter sales grew sequentially. While scooter sales have risen during the period, the growth has been quite volatile. Sales grew by 26 per cent in January, then 4 per cent in February, 13 per cent in March and 7 per cent in April.

Please click here to read more


Mahesh Vyas, Centre for Monitoring Indian Economy, 19 May, 2023, https://www.cmie.com/kommon/bin/sr.php?kall=warticle&dt=20230519172731&msec=113


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close