Hero MotoCorp registered a 12 percent decrease in sales in June 2019. Sales during the past month stood at 6,16,256 units, down 12.49 percent as compared to sales of 7,04,562 units in the same month last year. Despite lower sales, this is the second consecutive month this fiscal that Hero MotoCorp has exceeded the 6 lakh unit mark in monthly sales. The company also launched four new products XPulse, Xtreme 200S, Maestro Edge 125 and Pleasure 110 which could bring in better sales results in the months ahead.
Honda finished second in terms of sales but noted negative sales by as much as 16 percent in June 2019. Sales in the past month stood at 4,50,888 units as against 5,35,494 units sold in the same month of the previous year.
TVS Motor Company registered sales of 2,97,102 units in June 2019, a 6.26 percent decrease as compared to 3,13,614 units sold in June 2018. Total two wheeler sales stood at 2,83,461 units as compared to 3,01,201 units sold in June 2018 while taking only domestic markets into account, TVS Motors sold 2,26,279 units in June 2019 an 8 percent decrease in sales as compared to 2,46,176 units sold in June 2018.
Bajaj Auto Limited saw domestic two wheeler sales fall by 1 percent while exports increased 11 percent in June 2019. Domestic sales stood at 1,99,340 units as compared o 2,00949 units sold in June 2018. Exports on the other hand increased to 1,51,951 units in June 2019 as compared to 1,36,803 units exported in June 2018. Including commercial vehicles, Bajaj Auto sold 3,51,291 units in June 2019, a growth of 4 percent as compared to 3,37,452 units sold in June 2018.
Suzuki Motorcycle India has registered a 29 percent increase with total sales at 67,491 units as against 52,217 units sold in the same month of the previous year. In domestic market, sales increased 22 percent to 57,023 units in June 2019 as compared to 46,717 units sold in June 2018. Sales during the first quarter April to June 2019 also showed positive results with a 21 percent increase to 2,05,073 units as compared to 1,70,103 units dispatched in the same quarter of the previous year.
Royal Enfield once again reported declining sales. The company recorded a drop of 24 percent in terms of domestic sales with 55,082 units sold in the past month as against 72,558 units sold in June 2018. Exports on the other hand increased 72 percent from 1,889 units exported in June 2018 to 3,257 units exported in the past month. Combined sales were still down 22 percent.
These sales reports show that while Suzuki sales were positive and Bajaj Auto Limited did not fair too badly, experts opine that this slowdown across the two wheeler segment is likely to continue through to the festive season.