Page 5 - Two Wheeler Sales

TVS Motor total sales dip 26% in April at 2,38,983 units

TVS Motor Company on Monday said its total sales stood at 2,38,983 units in April, down by 26 per cent from 3,22,683 units in March

Hero MotoCorp reports 35% slump in sales in April compared to prior month

The country's top two-wheeler maker Hero MotoCorp on Saturday said it has sold 3,72,285 units last month, down by 35 per cent from 5,76,957 units dispatched in March this year. The company said sales in April were subdued due to the temporary closure of plant operations and the retail outlets across several key territories in India on account of the impact of the second wave of COVID-19. The sales numbers of April 2021 were not comparable with the corresponding month of the previous year (April 2020), since no vehicles were manufactured and dispatched to dealers due to the nationwide lockdown after the outbreak of COVID-19, it added. The two-wheeler major further noted that in keeping with its commitment to the safety and welfare of its people and to break the chain of the spread of coronavirus, it has decided to extend the shutdown at its manufacturing facilities across India, its Global Parts Center (GPC) in Neemrana and the R&D facility the Centre of Innovation and Technology .

Domestic auto sales in India go below 2015 levels amid Covid-19 crisis

The situation was not very different globally

Bajaj Auto halts Chetak bookings within 48 hrs, cites supply issues

Bajaj's maiden electric scooter, which went on sale in Jan 2020, hasn't been able to align production with demand due to Covid-induced supply chain disruptions and shortage of semiconductors

Last year's low base puts March sales of two-wheelers in top gear

Cumulative sales in March at the top five two-wheeler makers soared 75% to 1,421,600 units during the month against 808,692 units a year ago

TVS Motor exports 100,000 two-wheeler units in March, calls it milestone

TVS Motor does business in more than 60 countries and its key exports include the TVS Apache.

As normalcy returns, market share gains to continue for TVS Motor in FY22

Improving product mix and rising exports to aid margins

Passenger vehicles likely to see higher revenue growth next fiscal: Report

Passenger vehicles and two-wheeler dealers in the country are expected to see higher revenue growth and profitability in the next fiscal, the report said

Honda's scooter sales back in the fast lane after a steep decline

Sales in the first 10 months of the financial year for the segment and HMSI remain in a negative territory

Hero MotoCorp shares rise nearly 4% as sales rise in February

The two-wheeler maker reported rise in total sales during February

Hero MotoCorp reports 1.45% increase in total sales in February

The country's largest two-wheeler maker Hero MotoCorp on Monday reported a 1.45 per cent increase in total sales at 5,05,467 units in February. The company had sold 4,98,242 units in the same month of the previous year, Hero MotoCorp said in a statement. Total motorcycle sales stood at 4,63,723 units last month as against 4,79,310 units in February 2020, down 3.25 per cent. Total scooter sales, however, increased over two fold to 41,744 units as compared with 18,932 units in the year-ago month, it added. In the domestic market, sales rose marginally to 4,84,433 units last month as compared with 4,80,196 units in the same period a year ago. Exports last month stood at 21,034 units as compared with 18,046 units in the year-ago period. "The growth in sales despite the ongoing challenges on account of supply chain issues that the industry is facing has been possible due to the state of preparedness and quick countermeasures taken by the company," the company said. Hero MotoCorp re

Suzuki Motorcycle India reports 5.4% rise in sales in February

The firm sold 71,662 units in February

Shortage of semiconductors, price hikes pull January auto sales into red

Dec had seen sales grow for 1st time this FY, which dealers called a one-off

Two-wheeler makers plan to resume capital expenditure plans in FY22

This will come as a boost for the government, seeking private sector capex

Hero MotoCorp reports 3.14% decline in total sales in January

Two-wheeler major Hero MotoCorp on Monday reported a 3.14 per cent decline in total sales to 4,85,889 units in January

45% spike in bike volumes drives TVS Motor two-wheeler sales up 34% in Jan

Robust 56% spike in two-wheeler exports despite shortage of containers

Honda puts the brakes on growth plans as scooter sales slow in India

Honda's scooter sales plunged 37 per cent year-on-year to 1,447,002 units in the first eight months of FY21

Electric two-wheeler sales remain tepid despite govt subsidy: Icra

Sales of electric two-wheelers (e-2W) in India remains tepid despite government's subsidy and near-term outlook largely remains unchanged

Two-wheeler registrations back on growth track; up 11% in December

Snap six-month declining streak on low base, improvement in buyers' sentiments

Two-wheeler giant Honda's Activa crosses 25 million customer mark

Two-wheeler major Honda2Wheelers India on Thursday said its scooter brand 'Activa' has achieved 25 million customers' mark