Monday, 8 December 2014

Monsoons and Motorcycles

Interesting story out of India..motorcycle sales are down although the sale of scooters (generally an urban vehicle) will keep manufacturers in the black. The reason for the slowdown in motorcycle sales: the monsoons were slow and weak this year so farmers and rural dwellers aren't buying. It seems motorcycle sales rise in a strong monsoon season and decline in a weak one. Just another example of how important that rising class of people with disposable income is for the increase of two-wheeled vehicle in countries like India, China and Vietnam. Not to mention how important climate is.

Farmers, who are the biggest drivers of 2-wheeler sales, hit by weak monsoon

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