Monday, October 16, 2023

Two-wheeler sales may reclaim pre-Covid levels in two years: Diego Graffi, managing director, Piaggio

"The domestic two-wheeler industry posted a year-on-year double-digit growth in 2022-23 after three consecutive years of decline. We also expect the ongoing festive season to drive great numbers for the industry," Graffi told ET. "We believe the industry will regain pre-Covid volumes by 2025." Last fiscal, two-wheeler sales stood at 15.86 million units compared with the FY19 peak of around 21 million.

from Auto-Industry-Economic Times https://ift.tt/G92W7wy

No comments:

Post a Comment

OmniVision OV50X 1-Inch Camera Sensor With 8K HDR Video Recording Support Launched

OmniVision OV50X has been launched as the company's newest 1-inch CMOS sensor aimed at flagship smartphones. It is the successor to the ...