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India's scooter makers dispatch a record 995,576 units in September, up 34% YoY, as Honda leads ahead of Diwali
Our read
Honda will probably keep the scooter lead through Diwali, but October dispatches are more likely to cool than repeat September's record 995,576.
For operators
Ten scooter OEMs pushed a record 995,576 units into dealers in September, up 34% YoY, ahead of Diwali in the second week of November, so dealers must turn that stocked inventory into retail sales over the festive weeks.
Watch
October scooter dispatches below September's 995,576, in the October dispatch data, would mean stocking was front-loaded and dealers carry inventory into Diwali.
The report,
Honda Motorcycle & Scooter India led with 383,035 units, ahead of TVS on 277,115. The total includes 186,692 e-scooters, and 10 OEMs stocked dealers before Diwali in the second week of November.
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What to track next
- Retail scooter registrations in October against September's wholesale dispatches
- Dealer inventory days in the dealer body's October retail report
- TVS Motor's October scooter dispatches against its 277,115 in September
- Bajaj Auto's e-scooter dispatches against the 43,194 reported
The source
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