Indian two wheeler manufacturers sales report for January 2013
Major two wheeler manufacturers in India, TVS Motor Company, Hero MotoCorp, Honda, Yamaha, Mahindra and Bajaj Auto have reported a meager increase in sales for the month of January 2013.
TVS Motor Company reported a decline in scooter and motorcycle sales for January 2013 as compared to a similar period in 2012. This decline in sales characterized a marginal 1% growth for the two-wheeler manufacturer. Export sales for Jan 2013 too dropped while three wheeler sales grew by 84%. On the same note HMSI, though it reported an increase in total sales for Jan 2013, it suffered decline in scooter sales, which dropped by 959 units in Jan 2013, compared to 1,11,544 units sold in Jan 2012. Bajaj Auto, India’s second largest two wheeler manufacturer reported a sales increase of 2.35% for January 2013 as compared to last years figures. Its three wheeler segment too did well with a sales increase of 6.51%.
Hero Motocorp recorded the highest sales figures for January 2013 with an increase of 7.21% as compared to 2012. To help cater to needs of customers, Hero Motocorp will be setting up a new manufacturing plant in Rajasthan at a cost of Rs. 550 crore. As far as sales of big bikes are considered, Harley Davidson is leading the way with 2,000 units already on Indian roads, much more than any other big bike maker like Hyosung, Ducati, BMW, Ninja, etc.