Page 2 - Motorcycle Sales

HMSI reports 3% decline in total sales at 430,683 units in August

Two-wheeler maker Honda Motorcycle & Scooter India (HMSI) on Wednesday reported a 3 per cent decline in total sales to 4,30,683 units in August. The company had sold 4,43,969 units in the same month last year. Honda Motorcycle & Scooter India said entering the festival season with a steady recovery in economic activity, the company's total sales stood at 4,30,683 units, including 4,01,469 domestic sales and 29,214 exports in August 2021. The domestic sales breached the 4-lakh mark with a growth of 18 per cent, compared to 3,40,420 units in July 2021, it said in a statement. The company's total sales in July stood at 3,84,920 units, including exports (44,500 units ), according to the statement. August ushers in the onset of the festival spirit in the country. With a steady month on month recovery in terms of enquiries and customer walk-ins, we are cautiously optimistic moving forward, expecting conversions to retails, Yadvinder Singh Guleria, Director for sales and marketing, ..

Indian Motorcycle expects to garner 25-30% share in India's premium segment

Indian Motorcycle is seeking to replicate the growth in India which it has witnessed in other global markets, and expects to garner 25-30 per cent market share in the premium motorcycle segment

Royal Enfield sells total 27, 294 units in May, down 49% from April

Mid-sized motorcycle maker Royal Enfield, part of Eicher Motors, on Tuesday said it has sold a total of 27,294 units in May, down 49 per cent from 53,298 units in April this year.

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.

Royal Enfield aims to claim pole position in mid-sized bikes globally

Its presence abroad currently is either through exclusive stores or multi-brand outlets; It now seeks to set up CKD units in priority markets in APAC and LatAm region

Honda Motorcycle announces its first-ever VRS amid weak two-wheeler demand

Scheme offered to the 40-plus or those with 10 years in the company

TVS Motor Company's domestic two-wheeler sales grow 30% in November

Motorcycle sales grew 26 per cent to 133,531 units.

Bajaj Auto: Investors must wait for volume recovery before taking exposure

Double digit growth in exports and premiumisation trend in the domestic market are triggers

Harley in talks with Hero for distribution deal after exiting India: Report

Harley, known for its heavy touring motorcycles, struggled in India mainly because of high import duties

Honda India sales decline 2% in August, exports stand at 15,738 units

Honda Motorcycle & Scooter India (HMSI) on Wednesday reported 2 per cent decline in its total sales at 4,43,969 units in August. The company had sold a total of 4,52,551 units in the same month last year. Domestic sales last month stood at 4,28,231 units as against 4,25,664 units, a growth of 1 per cent, it said adding this was the first time in the ongoing fiscal that its domestic sales breached the 4 lakh units mark. Exports during the month stood at 15,738 units as against 26,887 units in August last year. Commenting on the sales performance, HMSI Director Sales & Marketing, Yadvinder Singh Guleria said,"In August, over 90 per cent of our network is back to business and we are seeing some green shoots with higher customer enquiries." The company's domestic sales crossed 4 lakh units mark for the first time this fiscal on the back of improved supplies and higher utilisation of production capacity, he added. "With festivals approaching, our line-up of 14 models, including ..

Moped sales are back in green in the month of July with 14% growth

TVS Motor, India's third largest two-wheeler maker, is the sole manufacturer of mopeds after Hero and Kinetic exited the sector many years ago

Market is opening up gradually, Q2 looks much better: TVS Motor Chairman

Venu Srinivasan expects the market to overcome the supply chain problem during the second quarter of the year

Motorcycle segment to outperform other auto verticals amid Covid-19: Fitch

'While we forecast that India's motorcycle sales will contract by 23.7 per cent year-on-year in 2020-21, we expect motorcycle production to contract by just 16 per cent year on year," it said

Domestic passenger vehicle sales decline by 7.61% in February: SIAM

Motorcycle sales last month declined by 22.02 per cent at 8,16,679 units as against 10,47,356 units in the year-ago period, it added

TVS Motor domestic two-wheeler sales drops 27%, total exports rise 25%

Three-wheeler sales grew 26.4% to 17,370 units during the month compared with 13,742 units during the same month last year.

Suzuki Motorcycle February total sales rise 3.5% to 67,961 units

Domestic sales during February this year stood at 58,644 units as compared to 57,174 units sold in the year-ago month

TVS Motor Q3 consolidated net profit declines 21% to Rs 156.84 crore

Total income of the company declined to Rs 4,779.32 crore for the third quarter as compared with Rs 5,123.50 crore in the year-ago period, TVS Motor Company said in a regulatory filing

500-800cc bikes ride out auto sales slowdown with four-fold growth

The growth in the segment comes despite the entire 2W sales declined by 15.80 per cent

Hero MotoCorp Q1 preview: Over 15% fall in profit seen amid falling volume

At the operating level, analysts see a dip in margin due to higher discounts and adverse working capital owing to weak demand

Slowdown blues: Auto sales down 23.5%, worst slump in two decades

Maruti Suzuki India posted 36.14% decline in its August sales at 93,173 units