Riding on the robust trend in demand for two-wheelers, Hero Honda, Bajaj Auto, TVS Motors and Yamaha posted double-digit sales growth in May.
The country’s largest two-wheeler manufacturer, Hero Honda, posted its highest monthly sales ever at nearly 4,35,933 units of motorcycles and gearless scooters. Sales grew 14 per cent, compared to 3,82,678 units sold in the same month last year. The 14 per cent growth in May is very satisfying, coming as it does over the high base of its sales last year. It had significant contribution from all segments resulting in this achievement. The company's scooter 'Pleasure' recorded sales of over 24,000 units last month. Consumer sentiments are looking very positive and with the monsoon expected to be near normal this year, the company expects robust rate of growth even this year.
Bajaj Auto, the country’s second-biggest motorcycle manufacturer, reported a 63 per cent rise in two-wheeler sales at 2,69,000 units, including exports, compared to 1,65,000 units sold in the same month last year. The company did not provide separate numbers for domestic and exports. Total sales, including three-wheelers, rose 62 per cent to 2,99,000 units, as against 1,85,000 units. The company’s newly-launched models — including Pulsar 135 and Discover 100 — drove its overall volumes. With a successful re-entry into the 100cc space, the company is planning to have more products on the same lines in the near future.
Chennai-based TVS Motor Company logged 27 per cent growth in domestic two-wheeler sales at 1,36,000 units, compared to 1,07,000 units in the corresponding month last year. Sales of scooters, 23 per cent of the total two-wheeler sales, grew 42 per cent to 31,884 units, as against 22,486 units. Its recently-launched scooter, Wego, also boosted the sales. Exports of two-wheelers grew 62 per cent to 18,046 units.
Meanwhile, total sales of India Yamaha Motor, the Indian subsidiary of Yamaha Motors, Japan, grew by 17 per cent to 25,033 units during May, as compared to 21,388 units in the same month last year. Domestic sales were flat at 17,614 units, a rise of four per cent over 16,952 units sold a year earlier.
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| Company Name | CMP |
|---|---|
| Bajaj Auto | 9471.50 |
| Hero MotoCorp | 4791.20 |
| TVS Motor | 2414.00 |
| Eicher Motors | 4982.70 |
| Atul Auto | 547.25 |
| View more.. | |
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