AFTER A GAP of 14 months, two-wheeler makers scaled back vehicle dispatches in November, after the festive season exhausted retail demand, forcing companies to moderate supplies in an effort to de-stock the dealers.
India's top two-wheeler manufacturers, who control more than 95% of the domestic market, saw a 1.3% year-on-year (y-o-y) decline in wholesale volumes during the last month. Little over 1.53 million two-wheelers were sold in November.
This story is from the December 03, 2024 edition of Financial Express Mumbai.
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This story is from the December 03, 2024 edition of Financial Express Mumbai.
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