The West Asia conflict is softening demand for entry-level motorcycles in India. Bajaj Auto sees a significant slowdown from over 20 percent growth to an expected 7-9 percent. Conversely, electric scooters are gaining traction, with Bajaj Auto's Chetak sales surging. Rising fuel prices and commodity costs are also influencing consumer choices towards electric alternatives. The industry anticipates continued challenges.
from Auto-Industry-Economic Times https://ift.tt/qflGsng
Subscribe to:
Post Comments (Atom)
-
Mahindra, in collaboration with Warner Bros. Discovery, has launched the limited-run BE 6 Batman Edition electric SUV, inspired by Christoph...
-
Maruti Suzuki launches the new Swift 2024, priced from Rs 6.49 lakh. This model boasts enhanced features, safety, and fuel efficiency, maint...
-
At present, the carmaker has tied up with 20 partners across vehicle needs, mobility services and lifestyle companies to offer exclusive ben...
No comments:
Post a Comment