All the top two-wheeler manufacturers except Suzuki posted negative sales growth in June 2019 due to unfavourable market scenario
The monthly car sales figures in June 2019 showcased the difficult scenarios existing in the industry and the conditions did not change much in the two-wheeler sector as well. Last month, the majority of the top two-wheeler companies did not post positive volume growth. While Mahindra & Mahindra was the only carmaker to register YoY sales increase, Suzuki’s two-wheeler division took that honour on this side of the spectrum.
The Japanese manufacturer recorded 57,023 units in June 2019 as against 46,717 units during the same month in 2018 with a highly appreciable 22 per cent growth. This was down to the good reception for the country’s best-selling 125 cc scooter, the Access, as well as the Burgman Street 125. Moreover, the recently launched 2019 Gixxer SF250 and Gixxer SF have also been well received among customers.
Suzuki ended in the fifth position ahead of Royal Enfield that endured a massive dip of 24 per cent as 55,082 units were sold against 72,588 units during the corresponding month last year.
While RE’s woes continue, Bajaj Auto played it smart and posted just 1 per cent YoY decline as 1,99,340 units were retailed against 2,00,949 in June 2018.
|Manufacturer (with % YoY change)||June 2019||June 2018|
|Hero MotoCorp (-12.5%)||6,16,526||7,04,562|
|TVS Motor Company (-8%)||2,26,279||2,46,176|
|Bajaj Auto (-1%)||1,99,340||2,00,949|
|Royal Enfield (-24%)||55,082||72,588|
At the third position, TVS Motor Company managed to sell 27,000 units more than its fellow compatriot Bajaj. The Hosur-based brand has been less susceptible to the unfavourable industry scenario over the last few months with less YoY change but it faced a difficult month last time out with 8 per cent de-growth – 2,26,279 units retailed against 2,46,176 in June 2018.
As has been the case for long, Hero MotoCorp topped the standings with 6,16,526 units. When compared to the corresponding month in 2018, the homegrown brand encountered 12.5 per cent volume slump.
Despite finishing second, Honda’s struggles were obvious in June 2019 as well. With 4,50,888 units, the Japanese two-wheeler major had to make do with 16 per cent sales drop as 5,35,494 units were dispatched 12 months back.