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TVS Motor Company has shared its sales figures for the month of March 2020. The Indian automotive industry is going through a tough phase like never before with the nationwide lockdown that was brought about by COVID-19 aka corona virus. Several industries (including automobiles) are witnessing losses in the range of thousands of crore rupees […] More
Hero MotoCorp has announced sales results for March 2020 and like every other automaker in India has posted a decline in total sales. This de-growth could be seen both in terms of domestic sales and exports. This steep drop in volumes could not only to the general slow down across the auto industry over the […] More
In a month when business plans have gone awry, and bears significance like nothing has in living memory, Royal Enfield did have something going as per plan. Its BSVI transition has gone smoothly, and the company successfully cleared all of its BSIV inventory by March 20, 2020. This bodes well, for when the world returns […] More
Hero MotoCorp, the world’s largest two-wheeler manufacturer, has reassured its dealerships across India that they need not worry about leftover BS4 stock. The announcement was made by brand chairman Dr Pawan Munjal while addressing around 1,000 Hero MotoCorp dealers in an interactive digital session. Hero MotoCorp is the first company that has expressed its concern […] More
TVS Motor Company has registered negative YoY (year-on-year) growth in the month of February 2020. A total of 1,69,684 units were sold in February 2020 compared to 2,31,582 units in February 2019. This translates to a yearly loss of 26.7%. Negative sentiments due to market slowdown and corona virus pandemic have adversely impacted two-wheeler sales […] More
February 2020 turned out to be a tough month for Bajaj Auto as YoY sales were down by 22.3%. A total of 1,40,241 units were sold in February 2020 compared to 1,80,574 units in February last year. Bajaj is not alone in this as most two-wheeler manufacturers including Hero MotoCorp, Honda and TVS posted negative […] More
As against 4,699 units sold in February last year, a total of 6,472 units were sold in the domestic market in February 2020. KTM export numbers are also buoyant with YoY growth of 17.88%. A total of 5,387 units were exported in February 2020, as against 4,570 units in February last year. KTM 200 (Duke […] More
India’s largest two-wheeler manufacturer, Hero MotoCorp has registered a 20% dip in February sales. As compared to 6,00,488 units sold in February last year, sales have come down to 4,80,196 units in February 2020. Negative sentiments prevailing in the market is one of the key reasons for low sales figure. Many customers had postponed their […] More
