Motorcycle sales in Bangladesh hit a five-year low in 2024, in continuation of a downward trend emanating from economic instability, inflation and political transitions, according to industry experts.
The debt problem is blamed for causing banks and financing companies to tighten lending criteria in the automotive sector, leading to a drop in domestic sales of motorcycles, reports the Bangkok Post.
TVS Apache led the segment with 35,610 units sold, accounting for a 24.40% market share, though it recorded a 13.20% year-on-year (YoY) decline with 5,415 fewer units sold than the previous year.
This is only the third time in 22 years of data being reported via the Federal Chamber of Automotive Industries (FCAI) that Yamaha has held the top spot for total retail sales. This is also the ...
The demand for scooters is rising both in India and globally. However, some customers still prefer motorcycles, especially those who enjoy gear shifting. Despite this, motorcycle sales in India ...
Suzuki Motorcycle India Pvt Ltd on Wednesday reported a 22% growth in total sales to 96,804 units in December 2024 compared to 79,483 units a year ago. The domestic sales last month stood at 78,834 ...
In November 2024, Royal Enfield sold a total of 68,448 units of 350cc to 450cc motorcycles, dominating the sales charts The 350cc to 450cc motorcycle segment is an important one as it encompasses ...
Triumph Motorcycles Australia has achieved the highest brand growth for the total Australian motorcycle market in 2024, increasing by more than 25 per cent year-on-year amid challenging market ...