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Scooter sales seen rising to 250,000 next year - Yamaha
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Tuesday, 02 Oct 2012
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Financial Chronicle reported that Japanese two wheeler maker Yamaha Motor Co. Ltd’s Indian arm expects sales of its newly launched scooter to rise more than six fold next year to 250,000 units.

Mr Roy Kurian national business head said that India Yamaha Motors Pvt Ltd expects the Yamaha Ray, which it launched this month, to sell 40,000 units this year.

Mr Kurian said that the Ray has been targeted at young Indian women because the female market for scooters is growing faster than the overall market. He added that “Of the total 2.8 million scooters sold in India, around 35% to 40% is in this segment.”

Bookings for the scooter opened one month before launch when details such as price, engine power and delivery duration were unavailable. Mr Kurian said that “We got almost 3,000 bookings in that phase. Today we have crossed nearly 6,000 bookings and expect bookings to rise as vehicles have started reaching dealerships.”

Source - Financial Chronicle

(www.steelguru.com)

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