Details of domestic sales and exports of all major two wheeler makers in India saw some positive results during the month of October while automakers expect this trend to continue through November 2015 as well.
World’s largest two wheeler manufacturer, Hero MotoCorp posted their best ever monthly sales figures during October 2015. The company sold a total of 639,802 units during the month, as compared to 575,056 units sold in the same month last year. This is an 11.25% increase in sales.
HMCL has been the only Indian two-wheeler manufacturer to ever exceed the landmark of 6-lakh plus monthly sales, that too on multiple occasions. The company has crossed this milestone on four previous occasions – September 2015 (606,744), September 2014 (604,052), May 2014 (602,481) and October 2013 (625,420).
Honda Motorcycle and Scooter India
Honda Motorcycle and Scooter sales were at a record high selling the highest number of two wheelers in a month in India. Scooter sales increased from 199,466 units to 270,371 units; while motorcycle sales declined marginally from 162,188 to 161,685 units. Cumulative sales stood at 4.49 lakh units in October 2015 resulting in a growth of 19% over the same period last year. Below is a detailed report of HMSI sales report.
TVS Motor Company
TVS Motors also saw a surge in demand during October 2015. Total sales were up 14% to 2,74,622 units as compared to 2,41,044 units recorded in October 2014 while exports increased by 20% during the month as compared to the same period in the previous year. Exports of TVS Motors in October 2015 were at 41,682 units as compared to 34,855 units exported in October 2014.
Total two wheeler sales of TVS Motors increased from 231,990 units to 264,112 units in the month of October 2015, registering a growth of 19%. Domestic two wheeler sales grew 13% from 204,294 units in October 2014 to 231,491 units in October 2015.
Bajaj Auto Limited saw motorcycle sales dip by 8% to 3,08,733 units in October 2015 as compared to 3,36,923 units sold in October 2014. Exports of the company in October stood at 1,27,645 units as compared to 1,58,547 units exported in October 2014, down 19.4%. Domestic sales for the month stood at 181,088 units as against 178,376 units; increasing by 1.5%.
India Yamaha Motor
A 29% increase in sales during October 2015 was reported by India Yamaha Motors. The company sold 83,597 units during the month, including exports, which increased by 5.34%. Newly launched Yamaha Saluto, Fascino and YZF-R3 helped Yamaha strengthen its position in the market.
Domestic sales during the month of October 2015 stood at 70,800 units as compared to 54,698 units sold in October 2014 while exports were at 12,797 units in the past month as against 12,148 units exported in October 2014.
Royal Enfield continued to post positive sales. For October 2015, their sales swelled by a whopping 71% to 44,522 units (including export) sold in October 2015 as compared to 26,039 units sold in the same month of the previous year. Their domestic sales increased from 25,510 units to 44,138 units, increasing by 73%. Exports declined from 529 units to 384 units, a 27% decline.
Suzuki Motorcycle India
Suzuki Motorcycle sales grew by 15% to 35,936 units (including exports) in October 2015 as compared to 31,240 units sold in October 2014. Suzuki Gixxer was the top selling product during the past month with total sales over 10,000 mark.
Mahindra Two Wheelers
Mahindra Two Wheelers also reported an increase in sales during October 2015 to the extent of 16,439 units while exports grew substantially to 1,113 units. Domestic sales during October 2015 were 15,326 units. When compared with October 2014 report, the sales declined form 22,404 to 16,439 units, registering 27% decline.