The Indian bike industry is having field days these days. As compared to the car industry, the two-wheeler industry is registering bigger and bigger sales with each ensuing month. Most of the sales in the two-wheelers industry have been great due to the rise in bike sales. We have reports for the sales of July 2011.
Hero Honda Motors has been at the top of the unit sales of the last month. The company sold 4, 91,306 units for July 2011. In July last year, Hero Honda had sales of 4, 27,686 units. This is an increase of 63,620 units or 15 per cent for this year’s month of July.
Bajaj Auto was also on the list of the companies that registered an increase in their sales. Bajaj had 14 per cent of increase in their sales for the month of July 2011 as compared to the sales of July 2010. Last July Bajaj sold 3, 18,415 units. The sales for this year’s July was recorded at 3, 63,712 units. That is an increase of 45,297 units.
TVS Motors comes third with the same percentage of sales figures as that made by Bajaj Auto. TVS registered sales of 1, 89,962 units. Mahindra Two Wheelers Ltd. (MTWL), the latest prominent name in the two-wheeler Indian market, had a growth of 15 per cent since the last year.
Percentage wise, Suzuki had the most successful year. Last year, there sales stood at 18,533 units. This July it increased to 27,088 units – showing an increase of 8555 units. This increase equals to around 46 per cent of growth. Yamaha and Honda Motorcycle and Scooter India are also making their presence felt in the two-wheeler Indian market.
Honda Motorcycle and Scooter India, is especially making good strides and can potentially kick off TVS from the third spot. Though they have recorded growth of only 10 per cent, the promise they are showing is far too great than that of the figures.