Domestic two-wheeler volume to shrink one to four percent YoY this fiscal, says ICRA

ICRA Ratings expects domestic two-wheeler volumes to contract by 1-4 per cent YoY in FY2022, following a weak festive season performance for the industry. Also, the sales of 8.05 million two-wheelers in the domestic market in April-October period of FY2022 are flattish on a YoY basis despite a severely contracted base, it stated.

from Auto-Industry-Economic Times https://ift.tt/3HI4RQv