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Two wheeler industry leads to a slowdown yet again but companies expect better for the coming festive season (Diwali esp).
1) Hero Motocorp -> -12%
2) Bajaj Auto -> Data Not Available still
3) HMSI -> +39%
4) TVS -> -20.6%
5) Suzuki -> +36%
6) Yamaha -> Data Not Available still
Source -> Economic Times, article.wn, The Hindu BusinessLine
7) Mahindra 2 Wheelers
1) Hero Motocorp -> -12%
Country's largest two-wheeler maker Hero MotoCorp today reported a dip of 11.88 per cent in sales at 4,43,801 units in August.
The company had sold 5,03,654 units in August, 2011, Hero MotoCorp said in a statement.
Commenting on its numbers, Hero MotoCorp Senior Vice- President (Marketing and Sales) Anil Dua said: "The dispatch numbers of August reflect the market sentiment.
The two-wheeler industry in the country has been facing a challenging time due to the overall macro-economic situation which has adversely affected retail sales, both in the urban and the rural markets".
The company had sold 5,03,654 units in August, 2011, Hero MotoCorp said in a statement.
Commenting on its numbers, Hero MotoCorp Senior Vice- President (Marketing and Sales) Anil Dua said: "The dispatch numbers of August reflect the market sentiment.
The two-wheeler industry in the country has been facing a challenging time due to the overall macro-economic situation which has adversely affected retail sales, both in the urban and the rural markets".
3) HMSI -> +39%
Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) today reported 38.65 per cent growth in total sales for August at 2,22,768 units.
The company's total sales stood at 1,60,666 units in the corresponding month of last year.
Motorcycle sales jumped by 69.44 per cent to 1,04,316 units in August this year as against 61,562 units in the same month last year, HMSI said in a statement.
The company reported an increase of 19.52 per cent in its scooter sales to 1,18,452 units from 99,104 units in August 2011, it added.
The company's total sales stood at 1,60,666 units in the corresponding month of last year.
Motorcycle sales jumped by 69.44 per cent to 1,04,316 units in August this year as against 61,562 units in the same month last year, HMSI said in a statement.
The company reported an increase of 19.52 per cent in its scooter sales to 1,18,452 units from 99,104 units in August 2011, it added.
Two—wheeler major TVS Motor Company on Saturday reported 20.6 per cent dip in sales at 1,54,647 units in August as against the sale of 1,94,898 units during the same month last year..
Sales of two—wheelers plunged to 1,50,740 units in August 2012 as against 1,90,184 units recorded in the same period of last year, the company said in a statement.
The company had sold 3,907 units of three—wheelers in August 2012 as against 4,714 units in the corresponding period of previous year.
The company’s domestic sales witnessed a drop to 1,35,513 units in August 2012 compared with 1,63,705 units in August 2011.
Sales of motorcycles dipped to 53,673 units in August 2012 from 77,726 units sold in the same period of last year.
Scooters sales also slumped to 38,193 units in August 2012 as against 52,253 units in the same month of previous year.
On exports front, the company witnessed a 40.1 per cent slump on its sales at 17,934 units in August 2012 as against 29,984 units in the same month of last year.
Exports of motorcycle declined by 42.4 per cent at 15,227 units in the month under review as against 26,479 units in August, 2011.
Sales of two—wheelers plunged to 1,50,740 units in August 2012 as against 1,90,184 units recorded in the same period of last year, the company said in a statement.
The company had sold 3,907 units of three—wheelers in August 2012 as against 4,714 units in the corresponding period of previous year.
The company’s domestic sales witnessed a drop to 1,35,513 units in August 2012 compared with 1,63,705 units in August 2011.
Sales of motorcycles dipped to 53,673 units in August 2012 from 77,726 units sold in the same period of last year.
Scooters sales also slumped to 38,193 units in August 2012 as against 52,253 units in the same month of previous year.
On exports front, the company witnessed a 40.1 per cent slump on its sales at 17,934 units in August 2012 as against 29,984 units in the same month of last year.
Exports of motorcycle declined by 42.4 per cent at 15,227 units in the month under review as against 26,479 units in August, 2011.
Suzuki Motorcycle India, a subsidiary of one of the world's leading two-wheeler manufacturer Suzuki Motor Corporation, registered a 36 per cent in-crease in their August 2012 sales figures compared to August 2011.
Suzuki Motorcycle sold 36,524 units in August 2012 as opposed to 26,900 units in August 2011, recording a strong growth in its overall sales. Suzuki Motorcycles has maintained a consistent growth path over the last couple of years.
Commenting on this strong growth pattern, Suzuki Motorcycle India vice president sales & marketing Atul Gupta said: "We have received a good response from the market for all our products. The growing customer satisfaction has led to positive word-of-mouth in the market. We will continue to give the best to our customers."
Suzuki Motorcycle sold 36,524 units in August 2012 as opposed to 26,900 units in August 2011, recording a strong growth in its overall sales. Suzuki Motorcycles has maintained a consistent growth path over the last couple of years.
Commenting on this strong growth pattern, Suzuki Motorcycle India vice president sales & marketing Atul Gupta said: "We have received a good response from the market for all our products. The growing customer satisfaction has led to positive word-of-mouth in the market. We will continue to give the best to our customers."
Source -> Economic Times, article.wn, The Hindu BusinessLine
7) Mahindra 2 Wheelers
Mahindra 2 Wheelers’ YTD sales stand at 50,567 units
Company’s full range of scooters with new, advanced Z-Series engine, now available nationally
Mumbai, September 03, 2012: Mahindra Two Wheelers Ltd (MTWL), a part of the USD 15.4 billion Mahindra Group, continued to build its presence in the two wheeler segment.
The company’s cumulative scooter sales from April to August 2012 stood at 50,567 units. Sales in August 2012 were 10,028 units. The cumulative sales for the company have crossed the landmark figure of four lakh units.
With the establishment of its new state-of-the-art R&D centre in Pune, Mahindra Two Wheelers has significantly enhanced its technological capabilities to enable it to introduce high performance two wheelers. For its scooter range, the R&D centre developed the unique Z-series engine, with advanced DCDI technology, that delivers the power of a 125 cc engine whilst offering great on-road mileage. The Z-Series engine has been incorporated in both of the company’s new products, the Rodeo RZ and the Duro DZ. These two recently launched products have received rave reviews from leading auto experts across the country.
“With cutting-edge R&D capabilities, and an intimate understanding of Indian consumers, we intend to deliver strong consumer-relevant innovations in each of our products. We now have a full portfolio of scooters with the new, advanced Z-Series engine. Both the ROMBA SOLID Duro DZ and the recently launched zippy, stylish, fully loaded Rodeo RZ will excite customers with their powerful engines and superior on-road mileage.” said Viren Popli, Executive Vice President, Marketing, Sales and Customer Care, Mahindra Two Wheelers.
Mahindra 2 Wheelers’ range of powerful 125cc scooters cater to distinct consumer segments. The Mahindra Duro DZ is positioned as a `ROMBA SOLID’, family scooter. The new Mahindra Rodeo RZ with its very innovative, contemporary features is ideal for young, modern couples, while the Flyte is the Indian woman’s two-wheeler of choice.
Company’s full range of scooters with new, advanced Z-Series engine, now available nationally
Mumbai, September 03, 2012: Mahindra Two Wheelers Ltd (MTWL), a part of the USD 15.4 billion Mahindra Group, continued to build its presence in the two wheeler segment.
The company’s cumulative scooter sales from April to August 2012 stood at 50,567 units. Sales in August 2012 were 10,028 units. The cumulative sales for the company have crossed the landmark figure of four lakh units.
With the establishment of its new state-of-the-art R&D centre in Pune, Mahindra Two Wheelers has significantly enhanced its technological capabilities to enable it to introduce high performance two wheelers. For its scooter range, the R&D centre developed the unique Z-series engine, with advanced DCDI technology, that delivers the power of a 125 cc engine whilst offering great on-road mileage. The Z-Series engine has been incorporated in both of the company’s new products, the Rodeo RZ and the Duro DZ. These two recently launched products have received rave reviews from leading auto experts across the country.
“With cutting-edge R&D capabilities, and an intimate understanding of Indian consumers, we intend to deliver strong consumer-relevant innovations in each of our products. We now have a full portfolio of scooters with the new, advanced Z-Series engine. Both the ROMBA SOLID Duro DZ and the recently launched zippy, stylish, fully loaded Rodeo RZ will excite customers with their powerful engines and superior on-road mileage.” said Viren Popli, Executive Vice President, Marketing, Sales and Customer Care, Mahindra Two Wheelers.
Mahindra 2 Wheelers’ range of powerful 125cc scooters cater to distinct consumer segments. The Mahindra Duro DZ is positioned as a `ROMBA SOLID’, family scooter. The new Mahindra Rodeo RZ with its very innovative, contemporary features is ideal for young, modern couples, while the Flyte is the Indian woman’s two-wheeler of choice.
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