Two-wheeler sales July 2019 vs July 2018 vs June 2019 – Unlike last year, Suzuki has been beating Yamaha and Royal Enfield for the last few months…
It is not going as per plan, clearly! The whole auto industry is reeling under tremendous pressure owing to continuous fall in sales and the two-wheeler makers are no exception. Like last month, everyone, with the exception of Suzuki (and Kawasaki) is in the red zone!
Among the top four makers, Hero MotoCorp was the biggest loser with a sales fall of whopping 23 percent which equates to over 1.50 Lakh units alone in the month of July 2019 as compared to the corresponding period last year. In comparison, arch-rival Honda made up a wee bit of ground and was down by 53,000 units only.
TVS was short by 39,000 units whereas Bajaj, which was so far doing better, reported 30,000 lesser units in July. The massive fall of Hero meant a gain in the market share of the rest of the three makers (despite lower sales). At 30 percent, Honda’s market share is just 4 percentage points lesser than Hero.
Among others, Suzuki has managed to hold itself high with a 17 percent growth translating to a gain of almost 10,000 units. Yamaha emerged as the biggest loser in the complete lineup with a whopping fall of over 30 percent, followed by the ailing Royal Enfield.
Two-Wheeler Sales July 2019
|Maker||July 2019 Sales||July 2018 Sales||June 2019 Sales|
Among the premium makers, it is Kawasaki that is defying the current recession and it ended up doubling its sales in July 2019. Harley and Triumph ended the month in much lower numbers.
Talking about MoM (month on month) numbers, the two-wheeler industry was down by almost 1.40 Lakh units (16.49 Lakh units of June 2019 vs 15.11 Lakh units of July 2019) which is not a very good indicator.
Manufacturers are betting on the upcoming festive season for a turnaround in sales but it could be short lived as impending BS VI norms which kick in from April 2020 will increase prices of all motorcycles and scooters…