Indian Two-Wheeler Sales In February

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The two-wheeler market in India is one of the biggest in the world, with a majority of people using motorcycles because they are the cheapest, easiest and the quickest modes of transport.

In spite of this, many motorcycle and scooter makers have seen their sales decline in the month of February 2015.

Manufacturers like Hero MotoCorp, India's largest two-wheeler maker have had a tough time to sell their products.

Hero MotoCorp sold 484,769 units last month, but still managed to register a decline of 3.85 percent in terms of sales. The company sold 504,181 units in February last year.

The company could turn the tables around with new launches they have in mind for this year.

Bajaj also took a hit last month as the company saw a decline in sales of 22 percent, selling 243,319 units, compared to 313,294 units sold in Feb 2014.

Two and three wheeler maker TVS saw a growth of 15 percent last month, selling 204,565 units, compared to last last February's sales of 177,662 units.

Japanese two-wheeler maker Honda registered a growth of 10 percent, selling 3,61,493 units last month.

Manufacturer Sales in Feb 2015 (% Growth/Loss)
Hero MotoCorp  -3.85 %
Bajaj  -22 %
 TVS  +15 %
 Honda  +10 %

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Read more on: #two wheeler #auto news
Story first published: Tuesday, March 3, 2015, 11:11 [IST]
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