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India’s Panicked Two-Wheeler Dealers Send An SOS
2021 has turned out to be even worse than last year for the troubled two-wheeler market.
18 May 2021, 02:14 PM IST
Dealers of motorcycles and scooters in India were hoping for a better new year as the world’s biggest two-wheeler market was yet to fully recover from the setback of 2020 lockdown and rising costs. But 2021 has turned out to be even worse. Panicked owners of outlets are pleading for help.As states imposed strict curbs to contain a devastating second wave of Covid-19, showroom traffic collapsed. About 60% of India’s 26,500 auto dealer...
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