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Motorcycles sales zoom, scooters static and mopeds dip
Domestic two-wheeler sales surged ahead by 14.8 per cent during the first ten months of this fiscal due to a boom in motorcycle market even as scooters remained flat while mopeds continued its southward journey.
Domestic two-wheeler sales surged ahead by 14.8 per cent during the first ten months of this fiscal due to a boom in motorcycle market even as scooters remained flat while mopeds continued its southward journey.
A total of 34.6 lakh vehicles were sold during April-January 2001-02 as compared to 30.1 lakh vehicles in the same period last year, data compiled by the Society of Indian Automobile Manufacturers (SIAM) showed.
Motorcycle sales went up by an impressive 34.8 per cent at 23.3 lakh units against 17.3 lakh units in the year-ago period whereas scooters posted a flat growth at 7.33 lakh units (7.31 lakhs units last year).
Moped sales slipped by 28.4 per cent to 3.9 lakh units from 5.4 lakh units during the year-on-year period. Capitalising on the growing penchant for motorcycles, all the players in the segment recorded positive sales growth.
India's largest motorcycle maker Hero Honda posted a 37.7 per cent rise at 11.5 lakh units (8.3 lakh units).
Pune-based Bajaj Auto's motorcycle sales grew by 27.2 per cent at 5.6 lakh units (4.4 lakh units) while that of TVS Motor Co went up by 17.6 per cent at 3.4 lakh motorcycles (2.9 lakh units).
LML Ltd witnessed a 69.4 per cent growth at 38,409 motorcycles (22,668 units) whereas new entrant Kinetic Engineering sold 36,738 motorcycles during the review period. Sales of Yamaha Motor went up by 52.6 per cent at 1.7 lakh units (1.1 lakh units).
Motorcycle sales of Royal Enfield motors grew by 7.3 per cent at 18,367 units during April-January 2001-02 (17,114 units in year-ago period).
Sale of motorcycles have been growing, at the expense of scooters -- once the mainstay of the Indian middle class --due to narrowing down of price differential between them and rising consumer expectations for power and styling.
However, launch of advanced models by scooter makers like Bajaj Auto, Kinetic and Honda Motorcycle and Scooter India (HMSI) have increased focus on the segment. Scooter market leader Bajaj Auto, continued its revival, posting a 3.7 per cent rise in sales at 3.1 lakh units (2.8 lakh units) while that of Chennai-based TVS Motor Co went up marginally by 1.82 per cent to 1.2 lakh scooters.
Scooter sales of LML Ltd dipped by 23.7 per cent at one lakh units (1.4 lakh units).
Kinetic Motor Co and Maharashtra Scooters also witnessed decline of 5.8 and 39.3 per cent at 93,162 and 48,397 units respectively. Honda Motorcycle and Scooter India sold 39,036 scooters during the review period.
Moped sales nose-dived as all the manufacturers recorded negative growth during this fiscal.
Bajaj Auto and TVS Motor Co saw a 39.2 and 28.4 per cent dip in moped sales at 31,135 and 2.2 lakh respectively.
Sales of Majestic Auto dipped 14 per cent to 58,528 mopeds whereas Kinetic Engineering recorded a 32 per cent drop in sales at 81,995 units.
Bureau Report
Motorcycle sales went up by an impressive 34.8 per cent at 23.3 lakh units against 17.3 lakh units in the year-ago period whereas scooters posted a flat growth at 7.33 lakh units (7.31 lakhs units last year).
Moped sales slipped by 28.4 per cent to 3.9 lakh units from 5.4 lakh units during the year-on-year period. Capitalising on the growing penchant for motorcycles, all the players in the segment recorded positive sales growth.
India's largest motorcycle maker Hero Honda posted a 37.7 per cent rise at 11.5 lakh units (8.3 lakh units).
Pune-based Bajaj Auto's motorcycle sales grew by 27.2 per cent at 5.6 lakh units (4.4 lakh units) while that of TVS Motor Co went up by 17.6 per cent at 3.4 lakh motorcycles (2.9 lakh units).
LML Ltd witnessed a 69.4 per cent growth at 38,409 motorcycles (22,668 units) whereas new entrant Kinetic Engineering sold 36,738 motorcycles during the review period. Sales of Yamaha Motor went up by 52.6 per cent at 1.7 lakh units (1.1 lakh units).
Motorcycle sales of Royal Enfield motors grew by 7.3 per cent at 18,367 units during April-January 2001-02 (17,114 units in year-ago period).
Sale of motorcycles have been growing, at the expense of scooters -- once the mainstay of the Indian middle class --due to narrowing down of price differential between them and rising consumer expectations for power and styling.
However, launch of advanced models by scooter makers like Bajaj Auto, Kinetic and Honda Motorcycle and Scooter India (HMSI) have increased focus on the segment. Scooter market leader Bajaj Auto, continued its revival, posting a 3.7 per cent rise in sales at 3.1 lakh units (2.8 lakh units) while that of Chennai-based TVS Motor Co went up marginally by 1.82 per cent to 1.2 lakh scooters.
Scooter sales of LML Ltd dipped by 23.7 per cent at one lakh units (1.4 lakh units).
Kinetic Motor Co and Maharashtra Scooters also witnessed decline of 5.8 and 39.3 per cent at 93,162 and 48,397 units respectively. Honda Motorcycle and Scooter India sold 39,036 scooters during the review period.
Moped sales nose-dived as all the manufacturers recorded negative growth during this fiscal.
Bajaj Auto and TVS Motor Co saw a 39.2 and 28.4 per cent dip in moped sales at 31,135 and 2.2 lakh respectively.
Sales of Majestic Auto dipped 14 per cent to 58,528 mopeds whereas Kinetic Engineering recorded a 32 per cent drop in sales at 81,995 units.
Bureau Report