Monthly Archives: December 2018

Two wheeler vehicle sales not affected by Oil price hike due to better mileage

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In 2018, the price of petrol increased to its highest levels in the last 4 years, and this affected the sales of vehicles with a lower mileage. However most two wheelers like scooters and motorcycles have a fairly high mileage of approximately 60 km /liter
Hence, most of the major two wheeler manufacturers in India reported that their annual and monthly sales had increased compared to the same period in 2017.
The fuel expenses can be substantial for owners of four wheelers. Most of the two wheelers are used over shorter distances only, in small towns and cities, in metro cities, the public transport system is preferred.