Two-wheeler sales in India (January 2020) were not that great and the market went down by 16.05%, overall.
The Indian two-wheeler market (amongst other vehicle categories) is busy with back-to-back launches of new BS6 products. Since every popular name on the market is bound to go through the update before the April-deadline, potential buyers have decided to wait until the product of their choice comes in its BS6 avatar. For the same reason, two-wheeler sales have gone through a substantial low at the start of the new decade.
With a total sales of 13,41,005 units in January 2020, the Indian two-wheeler market faced a sales decline of about 16% compared to 15,97,446 units at the starting month of 2019. As expected, Hero MotoCorp led the way in January 2020 at 4,88,069 units, but with a sales dip of 14.37% compared to January 2019.
|No||Two Wheeler||Jan 2020*||Jan 2019||Diff||%|
*Jan 2020 sales data via Auto Punditz. Coming in at second position on the chart is Honda Motorcycle India. The Japanese brand sold 3,74,114 units in the country last month and faced a relatively mild sales loss of 6.63%. On the other hand, the sales decline became 28.71% for TVS Motor as it hit 1,63,007 units in January 2020. However, the Hosur-based two-wheeler manufacturer performed better than Bajaj Auto which gathered a total sales figure of 1,57,796 units in the same month; a loss of 22.40%.
Royal Enfield sold 61,292 units last month in comparison to 70,872 units in January 2019. The sales drop of 13.52% is mainly due to the fact that many are eagerly awaiting the debut of the next-gen single-cylinder models such as the 2020 Classic 350, Thunderbird 350 and ThunderbirdX 350. Meanwhile, Suzuki and Yamaha settled for sales figures of 56,012 units (-11.39%) and 35,913 units (-35.12%), respectively, in the month of January 2020.
Piaggio is the only manufacturer to gather four-digit sales figures. At 4,358 units, the collective likes of Aprilia and Vespa went through a sales drop of 6.38%. Interestingly enough, Harley-Davidson secured 9th position on the chart and first spot as the best-selling premium brand in the country, with a sales figure of 210 units in January 2020 or a growth of a strong 96.26%!
Kawasaki India is the last brand to have three-digit sales in January 2020; at 151 units and a market decline of 56.61%. Following the Jap is the Brit, Triumph Motorcycles with a sales count of just 60 units last month, but an appreciable growth of 11.11%. Finally, at the bottom of the list rests Mahindra Two Wheelers with just 23 units as its monthly sales figure at the start of the year. The Indian brand, with just the Gusto, Centuro and Mojo range of scooters and motorcycles, faced a sales decline of about 87% in January 2020. In January 2019, Mahindra sold 177 units; which isn’t that impressive either for a regular two-wheeler manufacturer.