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The bike sales report for the month of June 2019 has been released by various two-wheeler manufacturers in the country. The bike sales report showcases a mixed bag of ups and downs among major two-wheeler manufacturers.
Here is the sales report from some of the important brands in the country.
|1||Hero MotoCorp||6,00,380||6,89,949||-13.0 |
|3||TVS||2,26,279||2,46,176 ||-8.1 |
|4||Bajaj||1,99,340||2,00,949 ||0.8 |
|5||Suzuki||57,023||46,717 ||22.1 |
|6||Royal Efield||55,082||72,588 ||-24.1 |
|7||Yamaha||54,215||68,377 ||-20.7 |
|8||Piaggio||5,628||6,057 ||-7.1 |
|9||Kawasaki||251||175 ||43.4 |
|10||Harley-Davidson||210||286 ||26.6 |
Hero MotoCorp, the world's largest two-wheeler manufacturer is facing a tough time in the Indian market. The Indian two-wheeler manufacturer has recorded a drop in sales by 12.49 per cent in volume sales in the month of June 2019.
The company sold 6,16,526 units in the previous month compared to 7,04,562 units during the same month last year. This is despite rolling out four new products in the Indian market, over the past couple of months: Xtreme 200 S, Xpulse 200, Maestro Edge 125 and the Pleasure 110. The company also introduced India's first BS-VI compliant motorcycle recently in the form of the Splendor iSmart offering.
The Chennai-based motorcycle manufacturer seems to be having a tough year. Royal Enfield continues its declining sales yet again in June 2019. The company recorded a drop in sales by 24 per cent in the domestic market. Royal Enfield sold 55,082 units in June 2019 compared to 72,558 units during the same month last year.
In terms of exports though, Royal Enfield posted an excellent growth of 72 per cent from 1,889 units of sales in June 2018 to 3,257 units in the previous month. However, their combined sales (domestic + export) still recorded a decline of 22 per cent.
TVS Motors also seems to have been caught up in the slowing automotive market in the country. The Indian two-wheeler company recorded a decline of 8 per cent in the domestic market, with sales of 2,26,279 units in June 2019; compared to 2,46,176 units in June 2018.
However, the motorcycle segment of the brand grew by 2 per cent from 1,28,825 units in June 2018 to 1,31,331 units last month. The scooter segment though failed to impress, recording a little over 3 per cent decline from 1,02,763 units in June last year to 99,007 units in June 2019.
Bajaj Auto is one of the few two-wheeler brands in the country, which managed to keep its sales steady in the market. Although, their domestic two-wheeler sales did marginally decline by 1 per cent from 2,00,949 last year to 1,99,340 in June 2019; they managed a good growth in the export market.
Bajaj recorded a growth of 11 per cent in the export market, which allowed them to boast of an overall growth of 4 per cent in the month of June 2019. The company exported 1,51,951 units in June 2019, compared to 1,36,803 units in June 2018.
Suzuki Motorcycles India are among the very few two-wheeler manufacturers to record a significant double-digit growth in the month of June 2019 in India. The Japanese company recorded a combined growth of 29 per cent. The company sold a combined total of 67,491 units in June 2019; compared to 52,217 units during the same month last year.
Devashish Handa, Vice President, Suzuki Motorcycle India Pvt. Ltd., stated:
"Despite a challenging time for the automobile industry, Suzuki Motorcycle India has registered a strong sales performance in the first quarter by clocking double-digit growth. We acknowledge it with deep gratitude, the confidence that the Indian two-wheeler buyer has reposed in us. A large share of this creditable performance also goes to our dealer network, which has been extending 'best in class' service to our esteemed customers."
Thoughts On The Bikes Sales Report For June 2019
Although the market in the country is on a slippery downhill slope, few brands such as Bajaj and Suzuki have managed to post a growth in sales. However, industry experts do believe that this slowdown in sales is expected to continue at least for a couple of months more, until the arrival of this year's festive season.