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#1 (permalink) |
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Moderator
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Sales Reports: October 2011
========================= ========================= India Yamaha NEW DELHI: Two-wheeler maker India Yamaha Motor today reported 26.82 per cent increase in its total sales in October 2011 at 47,240 units. The company had sold 37,251 units in the same month last year, India Yamaha Motor said in a statement. In the domestic market, the company's sales stood at 38,229 units as against 31,791 units in the same month last year, up 20.25 per cent. Exports of India Yamaha rose by 65.04 per cent to 9,011 units during the month from 5,460 units in the year-ago period, it added. "The festive season has played a vital role in catapulting sales for Yamaha this month. We are confident that the momentum will sustain in the long run and help us in redefining our sales graph," India Yamaha Motor Director(Sales and Marketing) Jun Nakata said. ========================= ========================= Honda Motorcycles and Scooters India (HMSI) NEW DELHI: Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) today reported 19.69 per cent jump in sales at 1,78,181 units in October. The company's total sales stood at 1,48,861 units in the corresponding month last year, HMSI said in a statement. Motorcycle sales grew by 4.64 per cent to 71,509 units in October 2011 as against 68,332 units in October 2010, it added. The company reported 32.46 per cent jump in scooter sales to 1,06,672 units in October compared to 80,529 units in the year-ago period. ========================= ========================= Hero MotoCorp (HMC) Country's largest two-wheeler maker Hero MotoCorp today reported 1.32% jump in its October sales at 5,12,238 units. The company had sold 5,05,553 units in the corresponding month last year, Hero MotoCorp said in a statement. "We have been reaching new milestones this fiscal and the highest ever October retail sales is no exception. We are delighted with the response of the customers this festival season," Hero MotoCorp Senior Vice-President (Marketing and Sales) Anil Dua said. The company recorded over 6.5 lakh units retail sales of two-wheelers in the last month, thus surpassing the previous highest of over 6 lakh retail sales in October 2008. ========================= ========================= Bajaj Auto NEW DELHI The country's second largest two-wheeler maker Bajaj Auto today reported 6.46 per cent increase in its motorcycle sales in October at 3,51,083 units. The company had sold 3,29,776 units in the corresponding month last year, Bajaj Auto Ltd (BAL) said in a statement. BAL said exports grew 19.53 per cent during the month at 1,31,948 units compared to 1,10,387 units in October 2010. In the three-wheeler category, company said its sales stood at 44,191 units as against 41,040 units in the same month last year, registering a jump of 7.68 per cent. Total vehicle sales of the company in last month stood at 3,95,274 units compared to 3,70,816 units in the same period a year ago, a growth of 6.60 per cent, the statement said. In October, the company lost production of about 25,000 motorcycles at the Pantnagar plant due to the curfew imposed in early last month. It led to some constrained in sales, BAL said. --- Source: Various News Articles from economictimes.indiatimes.com and business-standard.com. More info would be added later as it would be available. Yamaha grows 27%, Honda 19% and Hero around 1%. Inversely proportional to their market position. Well, Hero can't grow by 15% because it will break all records if that happens. Yes, The breakup with Honda might have resulted in some customer mindset changes but not so much. People still believe that "Hum me hai Hero". Last edited by Samarth 619; 11-02-2011 at 02:23 PM. |
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#3 (permalink) |
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Administrator
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Press Release
TVS MOTOR COMPANY Q2 REVENUE GROWS 23% PBT grows 49 % ; PAT grows 40 % Highest Retail Sales of 2,50,000 units in October 2011 Bangalore 3rd Nov, 2011: October ’11 Sales TVS Motor Company recorded the highest ever retail sales of 2,50,000 vehicles for the Pooja and Diwali season of 2011. This is 20% higher than the same festival season last year. The company witnessed high retail growth during the season which has resulted in significant liquidation of stocks, both at the company and dealer end. Therefore, sales projection for the months of November and December is expected to be above the 200,000 mark per month. The seven day annual maintenance shutdown of the company took place in the month of October 2011, coinciding with Diwali. The company sold 1,83,718 units in October 2011 against 1,95,271 units in October 2010. Cumulative sales for the period April to October 2011 grew by 12% with sales of 1,324,077 units against 1,184,065 units recorded in the previous comparable period. The company is confident of achieving a 15% plus growth for the current year. Second Quarter Results Consistent contributions from a complete product portfolio has enabled TVS Motor Company to record 23% growth in revenue in the second quarter of the current financial year The company’s revenues grew to Rs.1992 crore in the quarter ended September 2011 from Rs. 1616 crore in the corresponding quarter of the previous financial year. Profit before tax during the quarter under review grew 49% at Rs. 101 crore compared to Rs. 68 crore recorded in the comparable period of the previous year. Profit after tax in the current quarter grew at 40% to Rs.77 crore from Rs. 55 crore in the previous comparable quarter. Total two-wheeler sales of the company grew at 16 % in the second quarter of the current fiscal at 5.97 lakh units compared with 5.16 lakh units in the corresponding period of the previous year. Motorcycles sales grew at 15% to 2.41 lakh units in the reporting quarter from 2.10 lakh units in the quarter ended September 2010. Scooters grew at 27% to 1.59 lakh units in the current quarter from 1.25 lakh units during the corresponding quarter of the previous year. Two wheeler exports registered 31% growth with sales increasing to 0.76 lakh units in the current quarter from 0.58 lakh units in the quarter ended September 2010. Three wheeler sales during the quarter grew by 19% to 11699 units in the quarter ended September 2011 from 9826 units in the quarter ended September 2010. During the quarter, PT TVS Motor Company Indonesia registered total two wheeler sales of about 7837 units in comparison with 5315 units recorded in the same period of the previous year. |
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#4 (permalink) | ||
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Biker Next Door
Join Date: Sep 2005
Posts: 2,490
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Quote:
[Source: http://www.indiainfoline.com/Markets...er/5279097593] ] Quote:
__________________
My Bike Diary: The Bike Chronicles of India |
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#5 (permalink) | |
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Moderator
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Quote:
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#6 (permalink) |
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Biker Next Door
Join Date: Sep 2005
Posts: 2,490
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According to the press release, TVS is showing lesser sales number in Oct 2011 (1,83,718 units) compared to Oct 2010 (1,95,271 units).
So that's actually means a decline. Hero MotoCorp has also registered just 1% increase in Oct 2011. Domestic sales of BAL also seems flat, its just that it had had good growth in exports. With cars sales are already down, I am getting a feeling that recession will catch up with 2 wheeler sales as well.
__________________
My Bike Diary: The Bike Chronicles of India Last edited by payeng; 11-03-2011 at 04:32 PM. |
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#7 (permalink) | |
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Moderator
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Quote:
![]() TVS Motors Oct sales marginally dip to 183,718 units Recession and finally Depression might still take 1-3 years more... Right now, its more of a Boom period that's going on. Let them enjoy the sun while it lasts... |
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