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.
It should be noted that some brands are not represented in the official audit figures in relation to motorcycle sales. Their reticence to release their figures to the audit body and be part of the ...
Despite this, motorcycle sales in India saw a decline in November 2024 compared to the same month in 2023. This article examines the top 10 best-selling bike models from last November. In November ...
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 ...
It should be noted that some brands are not represented in the official audit figures in relation to motorcycle sales. Their reticence to release their figures to the audit body and be part of the ...