Sharp fall in motorcycle sales in December

Image
BSMotoring Desk
Last Updated : Jan 18 2016 | 10:32 AM IST

Motorcycle sales dipped sharply in December 2015, according to the Society of Indian Automobile Manufacturers (Siam). Total sales of motorcycles fell to 724,807 units in December 2015, as against 770,519 in the same month in 2014.

But scooter and scooterette sales were up marginally; they rose from 374,601 in December 2014 to 386,305 units the following year. Hero MotoCorp, the largest two-wheeler manufacturer, saw a significant dip in sales of motorcycles. While December 2014 motorcycle sales added up to 432.123 units, the figure had come down to 393,495 units a year later.




Sale of scooters/scooterettes, however, were up – from 74,509 units in December 2014 to 82,517 units in December 2015.

Bajaj Auto reported a spurt in the sale of motorcycles, which went up from 106,919 (in December 2014) to 120,322 last month.

But Honda Motorcycle & Scooter India saw a decline in the sale of both motorcycles (from 110,884 units in December 2014 to 92,280 units in December 2015) and scooters (from 208,465 units to 198,260 units).

Source : BS Motoring

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 18 2016 | 12:30 AM IST

Next Story