2-wheeler sales September 2020 – Hero maintained its sales dominance over Honda; there was a swap between Yamaha & Royal Enfield in the tally..
With the exception of TVS all other manufacturers saw a significant upside in sales in the month. Since these are factory dispatch numbers, it is clear that makers have a lot of hope pinned on the festive season.
Two-wheeler sales have started showing positive signs after a very dull COVID-led lockdown period.
2-Wheeler Sales September 2020
Company | Sep ’20 Sales | Sep ’19 Sales | Change |
Hero Motocorp | 697,293 | 600,509 | +16.12% |
Honda Two-Wheelers | 500,857 | 455,896 | +9.86% |
TVS Motors | 241,762 | 243,047 | -0.52% |
Bajaj Auto | 219,500 | 177,348 | +23.76% |
Suzuki Motorcycle India | 65,195 | 63,382 | +2.9% |
Yamaha Motor India | 63,052 | 53,727 | +17.35% |
Royal Enfield | 55,910 | 54,858 | +1.9% |
- Hero Motocorp maintained its leadership during September, as it posted a healthy growth of Y-o-Y 16.12% with 697,293 units. It is almost 2 lakh units ahead of the runner-up Honda.
- Honda Motorcycles & Scooters India (HMSI) crossed the 5-lac figure in the domestic market and posted a ~10% growth during the month.
- At number 3 was TVS Motor, whose numbers were less than half of the second-ranked HMSI. The company sold 241,762 units of its motorcycles, scooters and mopeds against 243,047 in September 2019, thereby posting a minor degrowth of 0.52%.
- Bajaj Auto maintained its usual #4 spot even as it grew by a hefty 23.76% Y-o-Y. The company reported the highest growth among its peers and sold 219,500 units.
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- Following Bajaj Auto was Suzuki at #5, which had its sales flat at 65,195 units. It reported a marginal growth of 2.9%.
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- Yamaha dethroned Royal Enfield for the #6 spot, as it grew its sales by 17.35% Y-o-Y at 63,052 units.
- On the other hand, Royal Enfield slipped to #7 place as it sold 55,910 units of its motorcycles with a flat growth of 1.9%.
-Moin Ahmed