Subterms
Though automakers commenced business in early May, following lockdown orders issued on 25th March, sales of both scooters and motorcycles continued to remain subdued. The ill effects of the coronavirus pandemic spread its tentacles across every segment in the auto sector, with lower sales reported not only in the two wheeler segment but across the […] More
TVS Motor Company reports 56,218 two-wheeler units sold in May 2020. Same month last year saw the company sell 2.36 lakh two wheelers – thereby registering a 76% decline in May 2020. Last month, auto manufacturers were permitted to begin operations in the middle of an ongoing lockdown. Of this domestic sales stood at 41,067 […] More
Honda Motorcycle & Scooter India (HMSI) has lost its title of being the biggest seller of the Japanese automaker’s two-wheelers to PT Asta Honda Motor (or Honda Motorcycle Indonesia). In FY2020, the Indian market could sell ‘only’ 4.7 million Honda two-wheeler units as against 4.85 million products in Indonesia. Activa is the best selling Honda […] More
Bajaj Auto Limited has revealed their sales figures for May 2020. The company reported total sales of 1,27,128 units in May 2020 down 70 percent as against 4,19,235 units sold in the same month of the previous year. Exports in the past month also dipped 53 percent to 87,054 units as against 1,83,411 units exported […] More
COVID-19 has affected businesses across the world, including automotive industries. In India, the government’s lockdown protocol has brought domestic sales to an all-time low in recent history. Vehicle dealerships across the country remain closed and automakers have started utilising online platforms to make sales. However, sales in FY2020 (April 2019 – March 2020) hit 31,23,321 […] More
As was expected in the current circumstances, most of the top two-wheelers have registered negative YoY growth in March 2020. The top 30 two wheelers managed a total of 8,18,589 units last month, as against 12,97,191 units in March 2019. This is loss of -36.90%. Only two of the top 10 and only five of […] More
Royal Enfield sales data for March 2020 reveals that the company sales dipped by 41 percent. Domestic sales dipped 44 percent to 32,630 units in the past month as against 58,434 units sold in March 2019. Exports however saw a surge by 33 percent to 3,184 units as compared to 2,397 units exported in March […] More
The Indian automotive industry is currently going through some of the worst times in recent history. The market was not doing that well in the year before either; since manufacturers were busy updating their products to BS6 specifications. However, the country’s budding EV market witnessed a growth of 20% in FY2020 compared to FY2019. In […] More
