Page 11 - Two-wheeler Market

Covid-19 impact: Suzuki Motorcycle July sales fall 50% to 34,412 units

The company had sold a total of 69,236 units in the same month last year

Bajaj Auto July sales drop 33% to 2,55,832 units, CV sales plummet 71%

Domestic sales in July this year were at 1,58,976 units as against 2,05,470 units, down 23 per cent

Royal Enfield July sales fall 26% to 40,334 units, exports plunge 52%

Domestic sales were at 37,925 units, as against 49,182 units in the same month last year, down 23 per cent

TVS Motor July sales dip 10% YoY, total exports down to 62,389 units

Motorcycle sales were at 1,06,062 units last month, as against 1,08,210 units in July 2019, while scooter sales were at 78,603 units, as against 1,05,199 units in July 2019, the company said

Two-wheeler sales recovering across domestic, export markets: Bajaj Auto

In April-June, the company sold 1,85,981 units in the domestic market, down 69.55 per cent from 6,10,936 units in the same period last year

Personal car, 2-wheeler preferred mode of transportation post Covid: Survey

The research shows that the pre-owned vehicle will see a good traction as 96 per cent of the respondents want to purchase used car

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

Analysts ride two-wheeler stocks for gains as India eases Covid-19 lockdown

Expected demand pick-up in tier-II and tier-III cities as well as preference for personal mobility amid the Covid-19 health concerns are the top two factors that would drive the demand, analysts say.

Electric two-wheeler business in top gear as Covid-19 provides big push

The push for electric vehicles has been a long time coming for India, and the limited mobility during and post lockdown has created a window of opportunity for firms in the e-bike space

Covid-19: Two-wheeler sales hit top gear, but companies tread with caution

Top officials at two-wheeler makers said they have seen an encouraging response with a steady increase in inquiries and sales

Contactless sales to benefit passenger car, two-wheeler segments: EY

Companies like BMW, Hyundai, Volvo and Peugeot have successfully deployed almost contactless online sales globally

TVS Motor on a weak footing in two-wheeler space as rivals get preference

Brokerages prefer Bajaj and Hero, given its weak financial profile and premium valuation

Dealers are sitting on BS-IV two-wheeler stocks of Rs 3,800 crore

After March 31, BS-IV vehicles can't be sold in India

BS-VI transition pulls down two-wheeler sales in Feb, but exports pick up

Hero's domestic sales dropped by 20 per cent to 480,196 in February 2020 from 600,616 a year ago. Exports rose to 18,046 units from 16,599 units during the same period

Revolt Intellicorp announces expansion of sales network

Mumbai will be added to the network by the end of the next month, Revolt said

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

Future is green: 2020 may see re-birth of electric vehicles, say experts

Recently, Union minister Prakash Javadekar told Parliament about 285,000 buyers of electric/hybrid vehicles had been supported by a subsidy of Rs 360 crore under FAME.

Entering commuter two-wheeler segment was a mistake, admits Anand Mahindra

Mahindra said they entered the two-wheeler market with the confidence to "win"

Two-wheeler makers get export breather amid slump in domestic sales

Two-wheeler exports rise 4% in April-Sep; Bajaj Auto leads the pack

Festival bonanza: Two-wheeler firms go full throttle to chase customers

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