2% rise in month-on-month sales reduces stock-in-trade for transition to BS VI
Two-wheeler exports rise 4% in April-Sep; Bajaj Auto leads the pack
TVS Motor sold 168,000 mopeds during Q2, against 241,000 units during the same period last year
The premium motorcycle segment saw a seven-fold jump in domestic sales during April to September
Stuck in the slow lane, promotions, advertising and customer engagement are of critical importance say the companies.
This is the last-ditch effort by automakers to shore up sales in a financial year that has been marked by poor purchases and production cuts
In the PV segment, Maruti Suzuki India posted a 36.14% decline in its August sales at 93,173 units
Largest two-wheeler manufacturer Hero Moto Corp saw a decline of more than 20 per cent
The auto sector has been the worst performer among sectoral indices over the last year, shedding 34.5 per cent, while the Sensex and the Nifty were down marginally
Hero MotoCorp and Honda Motorcycle and Scooter India saw volumes skid 23.22 per cent and 10.59 per cent, respectively
Vehicle sales across categories registered a decline of 12.34 per cent to 19,97,952 units from 22,79,186 units in June 2018, it added.
Auto companies in India count dispatches to dealers as sales
While total two-wheeler sales were down 5.9%, the domestic segment saw a drop of 8%
Cumulative sales of the top six manufacturers of two-wheelers were nearly 1.58 million units last month, from 1.88 million in the same month a year before
Cumulative sales at India's top five scooter and motorcycle makers dropped 5.73%
The overall registration volumes have been dragged down by the market leader Hero MotoCorp, which sells every second two-wheeler in the rural market, according to dealers
According to a dealer, the decline in registration volumes was mainly on account of market leader Hero MotoCorp, which normally sells a two-wheeler every second in the rural market
The sector has reported 11.1 per cent year-on-year volume growth in April-October 2019
Second-largest motorcycle player, HMSI, witnessed a 7% YoY decline in volumes
Hero's nearest competitor and former partner Honda sold 569,888 units, growing 5.65% over last September