Top two-wheeler firms see December dispatches rise 7.6% year-on-year

Two-wheeler dispatches rose in December for most manufacturers, even as retail sales were muted, according to sales data reported by companies. Cumulative sales of top-five manufacturers Hero MotoCorp, Honda Motorcycle and Scooter India, TVS Motor, Bajaj Auto and Royal Enfield rose year-on-year by 7.6 per cent to 1,060,427 units. The year-on-year increase also came on back of last year’s low base. Total two-wheeler sales declined 16 per cent in December 2019. With most manufacturers having hiked prices following a steep rise in commodity prices, demand for motorcycles and scooters is exp.....

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