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Yamaha Motor India Registers 28% Sales Growth In November 2013
Yamaha Motor India continues to growly at a steady pace, mostly thanks to its scooter models, Ray and Ray Z, which have garnered decent following among youngsters.
Yamaha managed to sell 39,777 units in November 2013, which is a slight improvement over the corresponding month last year, when it sold 37,344 units. The company registered a domestic sales growth of 7%.
Internationally, however, Yamaha Motors India witnessed an exceptional growth of 137%. It exported 17,383 units in November 2013 as compared to 7,344 units sold in the same month last year.
Overall sales stood at 57,160 units, an improvement over 44,688 units sold in November 2012, thereby registering a 28% overall growth.
Speaking on the results, Mr. Roy Kurian, Vice President - Sales & Marketing, Yamaha Motor India Sales Pvt. Ltd., said, "We are very pleased with our consistent sales performance this year at a 34% average sales growth that can be attributed to our strong product portfolio, upbeat customer confidence and new launches in the scooter segment. We are extremely positive about our special edition FZ series motorcycle, new scooters Ray Precious Edition and Ray Z. The scooter segment has also caught on and is expected to be the growth driver for the 2 wheeler industry. All this makes us quite confident about continuing our growth story in the coming months as well."
Yamaha Motor India's current portfolio consists of Fazer (153cc), FZ-S (153cc), FZ (153cc), SZ-X, SZ-R & SZ-RR (153cc), YZF-R15 Version 2.0 (150cc), SS125 (123cc), YBR 125 (123cc), YBR 110 (106cc), Crux (106cc) and Ray (113cc), Ray Z (113 cc) Scooters. Its import portfolio includes VMAX (1,679cc), YZF-R1 (998cc) and FZ1 (998cc).
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