Royal Enfield noticed a 40 p.c uptick in its year-on-year gross sales in June.
India’s key two-wheeler corporations witnessed development each within the month-on-month and year-on-year gross sales in June 2022. Manufacturers like Honda Motorbike & Scooter India and TVS noticed an enormous bounce of their year-on-year tally. That is even because the business continues to grapple with the chip scarcity.
Within the months forward, the efficiency of the monsoons will play a key position in figuring out demand nearly as good rains enhance rural-based actions round agriculture and add to farmer incomes. There may be additionally a priority round rising circumstances of Covid in main cities, however whether or not this may affect demand stays to be seen.
Hero MotoCorp: 4,63,210 models
Hero MotoCorp bought 4,63,210 models of bikes and scooters, a 6 p.c development final month over its gross sales of 4,38,514 models in June 2021. The numbers have been down 1 p.c within the month-on-month gross sales. Together with exports, the June 2022 gross sales tally was at 4.84 lakh models – the exports have been at 21,657 models as towards 30,646 models in June 2021. Final month, Hero MotoCorp launched the new Ardour ‘XTec’.
Bajaj Auto: 1,25,083 models
Bajaj Auto noticed its gross sales for June 2022 at 1,25,083 models as in comparison with 1,55,640 autos in June final 12 months. Exports for June have, nonetheless, elevated considerably at 1,90,865 models – a 23 p.c month-on-month enhance. A YTD evaluation signifies that Bajaj Auto’s home motorbike gross sales within the first quarter of this 12 months have been 3,14,418 models in comparison with 342,552 models bought throughout the identical interval final fiscal. This month additionally noticed the introduction of the all-new Bajaj Pulsar N160, which could additional assist Bajaj in bolstering its numbers .
Honda Motorbike & Scooter India: 3,55,560 models
HMSI bought 3,55,560 models in comparison with 2,12,453 in June 2021 – a whopping 67 p.c development within the YoY gross sales. When put next on a month-on-month foundation, the corporate gross sales grew 11 p.c in June 2022 with its gross sales tally at 3,20,844 models. A complete of three,83,882 models, together with 28,322 export models, have been bought in June. “The well timed arrival of monsoons has impacted the financial indicators favourably,” Atsushi Ogata, managing director, president & CEO, HMSI, mentioned. “We count on the approaching months to maintain this upward development as extra prospects search for two-wheeler mobility choices.”
TVS Motor Firm: 1,93,090 models
TVS Motor Firm’s home two-wheeler registered development of 33 p.c with 1,93,090 models bought in June 2022. The corporate had bought 1,45,413 models in June 2021, whereas its Could gross sales have been at 1,91,482 models. Whole two-wheeler gross sales registered a development of 23 p.c with gross sales of two,93,715 models in June 2022.
TVS’s home two-wheeler gross sales embrace its iQube electrical which went house to 4,667 consumers. “That is the very best ever gross sales of TVS iQube Electrical and the gross sales grew by 77 p.c over Could 2022,” the corporate mentioned.
Whereas bikes registered gross sales of 1,46,075 models, scooter gross sales stood at 1,05,211 models in June 2022. On the export entrance, the numbers grew by 9 p.c from 92,679 models in June 2021 to 1,00,625 models in June 2022. The incoming TVS Ronin ought to assist the Hosur-based model to faucet into segments earlier left untouched.
Royal Enfield: 50,265 models
Royal Enfield bought 50,265 models within the native market, a 40 p.c YoY development on June 2021 gross sales. Its year-earlier month tally was 35,815 models. Nevertheless, in comparison with Could 2022, the June numbers have been down by 6 p.c. Inclusive of exports, the corporate bought 61,407 models. The Chennai-based producer additionally lately made a key appointment roping in YS Guleria, earlier with HMSI, because the chief business officer, who will probably be chargeable for RE’s enterprise development in India in addition to abroad.
Suzuki Motorbike: 52,929 models
Suzuki Motorbike India (SMIPL) noticed gross sales enhance 31 p.c year-on-year development within the home market. The June tally was 52,929 models as towards 40,474 models in the identical interval a 12 months in the past. On the month-on-month gross sales, with 60,518 models in Could 2022, SMIPL noticed a 13 p.c downtick. Exports stood at 15,089 models in comparison with 9,188 models in June 2021. The corporate additionally noticed a 37 p.c development within the general gross sales (68,018 models in June 2022). The corporate lately launched the Katana, its third huge bike in India.
|Gross sales figures for June 2022|
|Firm||June 2022||June 2021||Change (in models)||Change (in %)||Could 2022||Change (in models)||Change (in %)|
|Honda Motorbike and Scooter||3,55,560||2,12,453||1,43,107||67%||3,20,844||34,716||11%|
|TVS Motor Firm||1,93,090||1,45,413||47,677||33%||1,91,482||1,608||1%|
|Suzuki Motorbike India||52,929||40,474||12,455||31%||60,518||-7,589||-13%|