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PTW MARKET REFLECTS SIGNS OF CURRENT ECONOMICAL ISSUES

“October was a disappointing month for the Power Two-Wheeler (PTW) market, registering a decline of sales in all sectors. An overall summary of the market revealed new registrations decreased by 6.0% in October, with 8,003 total registrations. However,  registrations YTD increased moderately, with a 2.8% increase. These are signs of the challenges the industry is currently facing with the energy crisis and the cost-of-living crisis set to further impact figures in the following months,” said Symon Cook, head of NMDA, commenting on the latest MCIA new registration figures.

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