The auto industry downturn affected the two-wheeler OEMs too and overall Two-Wheeler sales reported a fall of -11.7% in June’19 v/s June’18. Industry leader Hero Moto Corp reported a decline of 13% in total volumes with 6,00,380 units sold in June 2019. In comparison, the manufacturer sold 6,89,949 units in June 2018. HMSI is reeling even severely from the economic downturn and the second largest two-wheeler manufacturer saw a dip of 15.8% in its total sales in June 2019 over June 2018. HMSI sold 4,50,889 units in June 2019 as compared to total sales of 5,35,512 units in June 2018.
It was only Suzuki Motorcycles which showed a YoY growth of 29% in June 2019. Suzuki posted 22% YoY increase by registering 57,023 unit sales, as compared to 46,717 units dispatched during June 2018.