Hero MotoCorp, the country’s largest two wheeler maker reported sales of 5,53,302 units in March 2019 a 21.5 percent dip in sales as compared to 7,04,874 units sold in March 2018. The company retained its market leadership with a total of 78,20,745 units sold during FY19 with the newly introduced Destini 125, the company’s first scooter in the 125cc segment noting outstanding sales.
TVS Motors has registered total sales of 3,01,901 units in March 2019 as compared to sales of 3,15,773 units in the same month of the previous year, a drop of 1.54 percent. In domestic markets, sales of total two wheelers clocked 2,47,710 units in March 2019 as compared to 2,65,174 units in March 2018, a dip of 6.56 percent.
In terms of motorcycle sales alone, the company sold 1,34,420 units in March 2019 as opposed to sales of 1,41,086 units in March 2018. Scooter sales dipped 2.67 percent from 1,00,972 units sold in March 2018 to 98,477 units sold in the past month. Export increased 25 percent with 63,191 units exported in March 2019 as against 50,599 units exported in the same month of the previous year.
Honda suffered one of its worst declines in India till date. In March 2019, Honda posted sales of 2,22,325 units, as against 4,17,380 units posted in March 2018. They have suffered a decline of 46.7%, which has resulted in them losing their no 2 spot in the sales list. TVS has become the No 2 two wheeler brand for March 2019.
Honda has reported negative growth of 6.45 percent in FY 2018-19 with 55,20,000 units sold as against 59,00,840 units sold in the previous fiscal. The company exported 3,80,041 units.
Bajaj Auto sold a total of 3,93,351 units in March 2019 as against 3,34,348 units in March 2018, a growth of 18 percent. Total (MC + CV) domestic sales increased 27 percent to 2,59,185 units while exports increased 3 percent in the past month. In terms of motorcycle sales, Bajaj Auto reported growth of 20 percent with 3,23,538 units (domestic + export) sold in March 2019 as compared to 2,69,939 units sold in March 2018. Domestic two wheeler sales stood at 220,213 units in March 2019, as against 158,987 units sold in March 2018.
Yamaha sales stood at 72,676 units for March 2019. As compared to Mar 2018 figures, when the company sold 65,920 units, this is a growth of 10.2%.
Suzuki Motors has registered a 25 percent increase in sales in March 2019 with total sales of 58,696 units in the past month as against 46,848 units sold in March 2018. The company also clocked 30 percent growth in domestic sales in FY 19 with 7,47,000 units sold as against 5,74,711 units sold in FY18.
Royal Enfield March 2019 sales posted a decline of 21 percent to 58,434. In Mar 2018, they sold 74,209 units. Exports however increased 28 percent to 2,397 units as against 1,878 units exported in March 2018. Total sales declined 20 percent to 60,831 units from 76,087 units sold in March 2018. For FY18-19, the company has reported growth of 1 percent to 8,26,089 units from 8,20,492 units sold in FY 17-18. Exports increased 8 percent to 20,825 units in FY18-19 as against 19,262 units in the same period of the previous year.