A look at YoY Growth of the Two Wheeler OEMs and the Industry –
- Two Wheeler Sales was negatively affected in Jan’19 and the cumulative sales was down by 5.1 per cent to 15,97,572 units as against 16,84,066 units in the same month a year ago.
- Market leader Hero MotoCorp’s bike sales last month was down by 8 per cent at 5,69,962 units. Rival Honda Motorcycle and Scooter India’s bike sales stood at 4,00,695 units, down 18 per cent.
- Bajaj Auto, however, posted growth of 24.7 per cent at 2,03,358 units last month.
- Scooter sales too were down in Jan’19. Scooter sales declined by 10.2 per cent at 4,97,169 units as against 5,53,695 units in January 2018. The Market leader HMSI’s scooter sales were at 2,72,170 units, down 14.77 per cent. TVS also saw its scooter sales dip by 0.41 per cent at 83,794 units. Suzuki however witnessed a 60.28 per cent jump in it scooter sales at 61,348 units last month which also ensure the overall OEM sales could grow a healthy 39.6%.
Market Share Graph: