
INDIA SALES ANALYSIS CY2015: Commercial Vehicles
A smart sales performance by the medium and heavy commercial vehicle segment over the past 12 months even as LCVs see flat growth has helped pep up overall numbers.
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Buy Now!A smart sales performance by the medium and heavy commercial vehicle segment over the past 12 months even as LCVs see flat growth has helped pep up overall numbers.
India's two-wheeler industry, which saw meagre 0.68 percent growth in 2015, was particularly hit by the slowdown in sales of commuter motorcycles.
Automakers the world over would give an arm and a wheel to be in India, which has seen its passenger vehicle market post healthy 7.86 percent growth in 2015.
The High and Low speed scooter is fitted with a lithium ion technology that is specifically tailored to withstand Indian weather and road conditions.
With a 12% market share, the current revenue stands at $660 million (Rs 4,169 crore).
The S340 scooter will be revealed at Surge, Web Summit’s first conference in India