Tuesday, July 5, 2022

Retail auto sales grow 27% in June, but lag pre-Covid levels

While three-wheeler sales shrank at a slower pace of 6% compared with June 2019, it is the two-wheeler segment which still remains the biggest cause of concern and is not picking up as per expectations, Gulati said. Two-wheeler retail sales increased by a fifth from a year earlier to 1,119,096 units in June, but were down 16% from the same month before Covid in 2019.

from Auto-Industry-Economic Times https://ift.tt/x9fAeIb

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