India’s economic woes are pushing consumers towards powered two-wheelers again, to the detriment of the rest of that country’s automotive industry.
Latest figures from Indian manufacturers’ association SIAM highlight a 1.44 per cent year-on-year rise in motorcycle and scooter sales to 880,015 units in November. But car sales during the month fell by 8.16 per cent to 142,849 units. Commercial vehicles — trucks and buses — plummeted by 28.8 per cent to 43,730 units. SIAM blames rampant fuel price inflation.