Two Wheelers Witness Increase In Sales
India's largest two wheeler manufacturer, Hero Honda has reported an increase in its sales for the month of April 2010 at 3,71,652 units as against 3,70,575 units during April 2009. This is the 16thtime in a row when the company has sold more than 3 lakh bikes in a month. The company achieved this feat despite an acute shortage of batteries for over 15 days which left around 50,000 fully built bikes stranded at the factory. It is known that earlier last month, there was an agitation at the Exide's Bawal facility. However, according to the company officials, the issue has been resolved. On the similar lines, second largest two wheeler giant, Bajaj Auto registered an 84 percent growth during the month at 2,76,095 units as compared to corresponding month of the previous fiscal. The company sold 1,49,733 units during April 2009. Following the same trend, the third largest two wheeler manufacturer, TVS Motors' sales for the month rose by 28 percent to 1,44,689 units as against 1,13,119 units from April 2009.
On the other hand, Yamaha Motors reported a growth of 42 percent in its monthly sales of 24,960 units against 17,576 units sold during April 2009. The newly launched entry level YBR 110 merged with the FZ series with refreshed shades are expected to boost the sales further for the company in the coming months. Yamaha targets attaining a share of 20 percent in the 150cc and above segment by the year end. Suzuki Motorcycle, too, reported a growth of 53.22 percent growth in the month's sales. The company sold 20,771 units during April 2010 as compared to 13,556 units during April 2009. Officials from Suzuki credit their GS150R and Access 125 for the increased growth in sales.
Further, Mahindra two wheelers reported a whopping growth of 460 percent to 9009 units during the month as against 1609 units during the corresponding month from the previous fiscal. Rodeo, Duro and Flyte are believed to be doing wonders for the company. However, the vertical growth for the month is a result of a low base of 1609 units from April 2009.
[Via: BIKE INDIA]