The two-wheeler market is limping back to normalcy after lockdowns. The top four two-wheeler companies (scooters and motorcycles) saw wholesales in July 2021 rise by 8% YoY.
However, the market leader Hero MotoCorp's total two-wheeler wholesales declined by 13% YoY. What's even more surprising is that Hero MotoCorp's July wholesales also declined by 3% against June wholesales, when lockdowns were still in effect. The other listed two-wheeler makers (Bajaj Auto, TVS Motor Company, and Eicher Motors) all saw higher sales in July than June.
