Two wheeler sales May 2015: Hero, Honda, Bajaj, TVS, Mahindra, Suzuki, Royal Enfield
Two wheeler sales report May 2015: Hero MotoCorp Limited, the country’s largest two wheeler maker reported a 5.4 percent dip in sales during May 2015 over the same month in the previous year. The company sold a total of 569,876 units during May 2015 as against 602,481 units in May 2014.
Honda Motorcycles and Scooter India on the other hand reported an increase in sales to the tune of 3.28 percent. The company sold 367,226 units in May 2015 as compared to 355,530 units in May 2014. Out of total sales, it was scooter sales that increased 13.66 percent from 189,422 units in May 2014 to 215,300 units in May 2015 while motorcycle sales dipped 9.54 percent from 152,714 units in May 2014 to 138,140 units in May 2015. Exports increased by 2.92 percent to 13,786 units in the last month from 13,394 units exported in May 2014.
TVS Motor Company reported a 6.4 percent increase in sales in May 2014. The company sold a total of 220,079 units as against 206,813 units sold in May 2014. Exports also increased substantially by 22.3 percent to 43,594 units in May 2015 as against 35,649 units exported in May 2014. TVS Motors reported a dip in three wheeler sales with 9,362 units sold in May 2014 and 9,236 units sold in the past month.
Another two wheeler company that reported an increase in sales was Suzuki Motorcycle India Pvt. Ltd. The company sold 33,287 units in May 2015 as against 32,117 units in May 2014, an increase of 3.64 percent buoyed by sales of the Suzuki Gixxer.
Mahindra Two Wheelers Ltd announced sales figures for May 2015. Sales during the past month stood at 12,415 units. Domestic sales stood at 10,428 units and exports were at 1,987 units. Their sales in May 2014 were at 15,878 units.
Bajaj Auto Limited also reported lower sales in May 2015 as compared to May 2014. The company sold 313,020 units in May 2014 and 301,862 units in May 2015 reporting a 4 percent decline in motorcycle sales. Commercial vehicle sales during May 2015 increased 13 percent to 43,576 units as against 38,416 units sold in May 2014 taking total sales to 345,438 units, a 2 percent decline as compared to 351,436 units sold in the same month of the previous year.
Royal Enfield continued their growth pattern as they posted sales of 35,354 units in May 2015, as against 25,010 units in May 2014. This is a 41% increase in sales. In the domestic market, the company posted 34,615 unit sales, growing 41%, while exports increased 48% with 739 units.