Lockdown relaxation accelerated June auto sales growth: India Ratings
"While motorcycle sales increased by 10 per cent YoY, and scooters sales fell by 10 per cent YoY. 2Ws has been more impacted by the increased cost of ownership amid price hikes by OEMs coupled with historically high fuel prices in India and workplace and colleges remaining closed."
"Retail sales also recovered in June 2021 - with PV and 2W volumes increasing 43 per cent and 17 per cent YoY, respectively, due to the reopening of automotive dealerships." Source: IANS