Moderate sales helps bikemakers chug on

Moderate sales helps bikemakers chug on

The month of April brought in its wake a mix of emotions to automakers, predominantly to the two-wheeler manufacturers.

While on the one hand, the two-wheeler industry did show growth in sales, individual players had to seek consolation in a moderate rise in growth, with few showing a dip, hoping to do better in the coming months.

TVS two-wheeler sales for the month grew by 13 per cent to 1,86,041 units as against 1,65,194 units in April 2014.

Japanese two-wheeler major Honda Motorcycle & Scooter India (HMSI) reported 8.56 per cent increase in total sales at 3,40,791 units in April.
Fellow Japanese competitor Suzuki Motorcycle India reported 1 per cent rise in its April sales at 27,320 units.

However, the country’s largest two-wheeler maker, Hero MotoCorp, reported a 6.61 per cent dip in sales at 5,33,305 units in April. The company had sold 5,71,054 units in the same month last year. Rural demand for automobiles has been adversely impacted by unseasonal rains witnessed in the month of March.

Meanwhile, premium two-wheeler manufacturer Royal Enfield posted a 42.4 per cent increase in total sales at 33,918 units in April.

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