Two-wheeler sales in sweet spot again as rural demand picks up

Registrations of motorcycles, scooters and mopeds - a proxy for retail sales - increased by 12.3% to 3,978,169 units last quarter and by 16.6% to 4,704,713 units in the previous three months ended December 31, 2022, show data compiled by the Federation of Automobile Dealers Association (FADA) from the Vahan portal of the ministry of road, transport & highways (MoRTH).

from Auto-Industry-Economic Times https://ift.tt/8FxKWSB