This is following the slowdown in Automobiles and also in commercial vehicles, which is expected to grow at 0-2%.
SIAM had earlier expected the two wheeler market to grow by 5-7%, but due to poor sales, the forecast has been reduced.
This slowdown has affected all the two wheeler manufacturers, but the largest manufacturers are the most effected. Yamaha and Suzuki are growing above market averages.
Source: SIAM cuts FY13 motorcycle sales growth forecast - The Economic Times



Comment