Manufacturers of two-wheelers decrease sales in December
NEW DELHI: leading manufacturers of two-wheeled vehicles in the country, Hero MotoCorp Bajaj Car & TVS Motor On Thursday it reported a decrease in its national sales in December, ending 2019 with a negative note.
Suzuki However, Motorcycle India Pvt Ltd (SMIPL) reported a marginal increase in domestic sales last month.
The country's largest two-wheeler maker Hero MotoCorp said sales in domestic market were at 4.12,009 units last month as compared to 4,36,591 units in December 2018, down 5.6 per cent.
Similarly Bajaj Car He also reported a 21 percent decrease in Motorcycle sales in the domestic market at 1.24,125 units last month compared to 1.57,252 units in the same period of the previous year.
Chennai-based TVS Motor Co said its domestic two wheel sales They decreased 25 percent to 1.57,244 units last month compared to 2.09,906 units in the corresponding month of 2018.
Niche bike manufacturer Royal Enfield In December, internal sales of 48,489 units were registered, compared to 56,026 units in the same month of the previous year, 13% less.
Countering the trend, SMIPL said its domestic sales grew 1.1 percent to 43,368 units in December 2019 compared to 43,874 units in the same month last year.
In terms of exports, Hero MotorCorp said its shipments abroad last month were 12,836 units compared to 17,394 units in December 2018.
Likewise, Royal Enfield also posted 14 per cent decline in exports last month at 1,927 units as compared to 2,252 units in December 2018.
On the other hand Bajaj Car reported a 13 percent increase in motorcycle exports to 1.60,677 units compared to 1.41,603 units in the same month last year.
Similarly, TVS Motor Co's two-wheeler exports grew 20 per cent at 58,375 units in December 2019 as against 48,803 units in the same month previous year.