Revealed On Jan 06, 2022 04:02:00 PM
The impression of the Omicron variant stays to be seen on gross sales within the coming months.
December 2021 turned out to be a dismal month for the two-wheeler trade. Reeling below the impression of the second wave of COVID-19 in April-June 2021, demand from the agricultural areas, particularly, was lukewarm. That is in distinction to December 2020 when gross sales confirmed an uptick on the again of fine monsoons in addition to the gradual lifting of the lockdown in a number of states.
Hero MotoCorp noticed a 12 % decline in home gross sales, logging 3,74,485 models in December 2021 as in opposition to 4,25,033 in December 2020. Export numbers have been down 9 % for the month to 20,288 models in comparison with 22,302 in December 2020.
Bajaj Auto closed the calendar with gross sales of 1,27,593 models in December, down almost one % from its December 2020 tally of 1,26,642 models. Its export numbers fell 9 % at 1,91,176 models as in opposition to 2,09,942 models in December 2020.
Whereas TVS Motor noticed its December gross sales fall 17 % to 1,46,763 models as in opposition to 1,76,912 models in December 2020, its export numbers supplied a silver lining to the month’s efficiency, with an increase of near 9 % with 88,629 models bought as in opposition to 81,327 in December 2020.
Royal Enfield’s December gross sales have been flat with 65,187 models bought as in comparison with 65,492 models in December 2020, down by half a %. On the export entrance, 8,552 models have been bought as in opposition to 3,503 models bought within the yr earlier than, up by 144 %.
With the nation seeing rising circumstances of the Omicron variant particularly in key states resembling Maharashtra, it stays to be seen how the gross sales will pan out within the final quarter of the present fiscal.
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