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December 2015 Two Wheeler Sales Report – Hero, Honda, TVS, Bajaj, Royal Enfield, Mahindra, Yamaha, Suzuki

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Two wheeler sales during December 2015 was cause for concern for some major two wheeler makers as sales declined.

Hero MotoCorp

Leading two wheeler makers Hero MotoCorp registered a dip in sales with 499,665 units dispatched in December 2015 as against 526,097 units sold in December 2014. This means that the largest two wheeler maker in the country registered a dip in sales of 5%.

Honda Motorcycles and Scooter India

Honda Motorcycles and Scooter India sold 3,06,779 units in December 2015, as against 3,48,737 units sold in December 2014; thereby registering a decline in sales of 13.6%. Scooter sales were at 1,98,332 units (as against 2,08,490 units sold in Dec 2014) while motorcycle sales stood at 92,380 units (as against 1,21,489 units sold in Dec 2014) and exports during the past month were at 16,067 units (as against 18,758 units exported in Dec 2014). Domestic market share was at 26 percent while overall market share stood at 22 percent.

TVS Motor Company

TVS Motors recorded a 4 percent increase in sales, registering 2.02 lakh units during December 2015 as against sales of 1.94 lakh units in the same month of the previous year. Three wheeler sales were registered to the tune of 8,020 units in December 2015 as compared to 10,007 units in December 2014 while exports dipped marginally from 32,969 units exported in December 2014 to 32,771 units exported in the past month. TVS Motors recorded a 5.5 percent increase in two wheeler exports from 24,556 units in December 2014 to 25,906 units in December 2015.

Bajaj Auto

Bajaj Auto Limited also reported a marginal decline in sales during December 2015. Total sales during the past month stood at 2,89,003 units as compared to 2,89,244 units sold in December 2014. Motorcycle sales increased by 1 percent to 2,47,782 units as compared to 2,46,233 units sold in December 2014. However, exports of Bajaj Auto Limited declined sharply by 12 percent in December 2015 to 1,45,477 units as against 1,66,134 units exported in December 2014.

Mahindra Two Wheelers

Mahindra Two Wheelers (MTWL), part of the $16.5 billion Mahindra Group announced sales at 12,112 units in December 2015 as compared to 13,445 units sold in December 2014. Domestic sales dipped from 12,835 units in December 2014 to 10,488 units in December 2015 while exports increased from 610 units in December 2014 to 1,624 units in December 2015.

Royal Enfield

Royal Enfield factories in Tiruvottiyur and Oragadam in Chennai suffered setbacks due to the havoc caused by severe rains and flooding in the last week of November and early December. Despite this, the company reported a 41 percent growth in December 2015 where domestic sales were concerned. Royal Enfield domestic sales stood at 40,453 units in December 2015 as compared to 28,634 units in December 2014. Exports of the company however fell by 9 percent from 455 units in December 2014 to 416 units in the past month.

Yamaha and Suzuki are yet to reveal sales figures for December 2015.

 

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