Scooter sales grew faster (or contracted less) than motorcycle sales in 13 out of the 16 months till February this year, when motorcycle sales began to pick up pace over scooters. Both segments have either outpaced or levelled with the broader motorcycle segment since November 2017, when motorcycle sales growth came back in the black. While motorcycle sales were subdued for the past three years, HMSI was able to post gains in market share in India’s two-wheeler market with its Activa scooter. This development has snapped the trend of galloping scooter sales since demonetisation in November 2016. Scooter sales grew faster (or contracted less) than motorcycle sales in 13 out of the 16 months till February this year, when motorcycle sales began to pick up pace over scooters.

Source: Mint May 14, 2018 17:34 UTC