Sales of scooters slip for first time in 13 years, car growth hits 5-year low
NEW DELHI: Pressure on the jobs front and the growing pain in rural and semi-urban India has started to tell on the auto industry. Sales of scooters have slipped into the red for the first time in 13 years and the passenger vehicles segment —that includes cars and SUVs — has grown at the slowest pace in the last five years.
Scooters, that account for nearly one-third of total two-wheelers sold in the country, recorded sales of 67 lakh units in 2018-19, down 0.27% from 67.2 lakh units in the previous year. The last time that the category — which has been credited with single-handedly adding weight and buoyancy to the two-wheeler segment over the past few years — had fallen was in fiscal 2005-06 where it de-grew by 1.5%.
Sales of motorcycles have been struggling over the last few months and have been in the negative territory since January this year. Companies such as Hero Moto, Honda Motorcycle and Scooter India (HMSI), and TVS have cut production and also dealer dispatches as they fall in line with the new reality.
在过去的几个月里，摩托车的销量一直在苦撑，自今年1月以来一直处于负增长状态。Hero Moto、本田摩托车、Scooter India (HMSI)以及TVS等公司，都在削减产量，并减少经销商发货。
Industry body Society of Indian Automobile Manufacturers (Siam) came out with a conservative, rather grim, outlook for the new fiscal. On a 2.7% growth in passenger vehicles in 2018-19, it predicted a growth between 3% and 5% for 2019-20. Two-wheelers too saw a forecast of 5-7% growth, nearly same as the 5% growth realised in 2018-19.
“The situation on the jobs front is among some of the sentiments that have affected the growth in the passenger vehicles industry,” Siam president Rajan Wadhera said.
译文来源：凤凰彩票 /47365.html 译者：Jessica.Wu
Venugopal - Ahmedabad - 5 hours ago -Follow
Well with all the Ubers & Olas and the tiring traffic, it would be insane to buy a personal vehicle. A small car would cost one around Rs. 10-14 per Km, while you can travel for less with Uber/Ola particularly with pooling.
L R Nathan - 4 hours ago -Follow
Economy is slowing down. The country is heading towards great depression
Ash - Mumbai - 5 hours ago -Follow
BJP is made the life tough for people due to their misgovernance...MODI should be removed..CONGRESS WILL BOUNCE BACK
Deepak - Karnataka - 3 hours ago -Follow
If it was increasing sales, then definitely bakhts would have credited Modiji!!!. Now they are quiet!. What they don''t realise is that the sales is directly linked to the jobs!. This also proves that Modiji has been unable to create new jobs but actually it''s going in the negative!!!
Ramana - 3 hours ago -Follow
No doubt, people are a bit cautious with new purchases be it two wheelers or four wheelers.To be coservative in spending is advisable in a way.However, the drop of 0.2 lakhs on 67.2 lakhs amounts to 20,000 and such a small difference on such a large figure may not be a serious factor for concern.Coming to the four wheelers,as is pointed out,people are postponing purchases as cab segment is picking up momentum
Pkm - Lagos - 3 hours ago -Follow
High inflation and Petrol, switching to a bicycle.Acche Din
Pkm - Lagos - 2 hours ago -Follow
Demonetisation which affected the poor, middle class and the lower middle class adversely. Housewives lost their hard-earned savings, workers lost their jobs.
Sudeesh - 2 hours ago -Follow
Modi chowkidar effects
Vihin - Nihiv - 3 hours ago -Follow
It seems in Modi Raj, all unemployed ppl are buying Car instead of scooters.
Syed - 2 hours ago -Follow
Nahru Ji get ready to start blame game
Naresh Kumar - 1 hour ago -Follow
under Modi Raj everything is declining and crumbling..
Nanda - Hyderabad - 3 hours ago -Follow
good sign...car pooling and public transport should be the future...
Ramakrishnan - Kerala - 5 hours ago -Follow
Those who would normally aspire to own two wheelers find that a used car almost cost the same.
Inderjeet - 3 hours ago -Follow
Sales of scooters and bikes show that market is heading towards a slowdown. Not only this international slowdown is also visible where export sector is feeling heat. It is right that in metros people are least interested in 4 wheelers, reason beeing cheap ride of ola, uber. In delhi people now prefer this coz parking is a problem also
Biswa Nath - 4 hours ago -Follow
We should updated with electric vehicles
Rohit - 6 hours ago -Follow
two wheeler must be banned including Auto rickshaw s
Jumla Expert - 18 mins ago -Follow
Everyone will ride Bullock Cart now.
sharmankind - 21 mins ago -Follow
Good. Roads will be that much less congested.
krishnamurthi narrainen - QUATRE BORNES MAURITIUS - 23 mins ago -Follow
INDIANS ARE TRAVELLING IN UBER CARS CHEAPER THAN DRINVING A CAR WITH NO PLACE TO PARK