Wednesday, June 6, 2007

2-wheeler industry seeing slowdown, financers unfazed

The two-wheeler industry is witnessing a slowdown, but interestingly financiers are not complaining.

 

Analysts say that it is due to the fact that sales through finance companies are rising. It grows from around 45-50% to nearly 60% over one-and-a-half year. Finance companies benefit from the increase in expensive models.

 

The sales figures in FY07 show that the motorcycle market fell 13.4%, while the segment above 125cc grew 10% and the two-wheeler finance market grew 11%.

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