April Auto Sales Live: Bajaj Auto's Sales Surge, Hero MotoCorp's Falls Over March
Bajaj Auto Sells 3.89 Lakh Units In April
Two-wheeler maker, Bajaj Auto Ltd sold a total of 3,89,016 units in April, the company said in an exchange filing on Monday. Bajaj Auto's sales rose 5% over last month led by surge in exports. Year-on-Year, the sales are not comparable.
Sales snapshot (Y-o-Y)
Total domestic sales fell 30% over last month to 1,26,579 units in April.
Total exports rose 48% to 2,21,603 units in April.
Total commercial vehicle sales rose 1.3% to 39,843 units in April.
Royal Enfield's Sales Fall 19% In April
Eicher Motor Ltd. saw sales of Royal Enfield motorcycles fall 19% in April over last month, the automaker said in an exchange filing.
Royal Enfield, the maker of India's cult cruiser motorcycles, saw its sales fell to 53,298 units in April compared to 66,058 units it sold in March. Year-on-Year, the sales are not comparable.
Sales snapshot (Y-o-Y)
Sales of models with engine capacity up to 350 cc fell to 46,651 unit from 58,471 units in March.
Sales of models with capacity over 350cc fell to 6,737 units from 7,587 units.
Exports at 4,509 units.
Hero MotoCorp Sells 3.72 Lakh Units In April
India's largest two-wheeler manufacturer, Hero MotoCorp Ltd. sold 372,285 units in April, the company said in an exchange filing on Saturday evening.
Hero MotoCorp's sales fell 35.4% over the last month due to temporary closure of plant operations and the retail outlets amidst second wave of Coronavirus.
Year-on-Year, the sales are not comparable due to nationwide lockdown last year leading to zero sales
Hero MotoCorp said in a statement that it has decided to extend shutdown across its manufacturing facilities in India by another six days till May 9, to break the chain of the spread of coronavirus.
Last Month the company had said it will shutdown all its plants in a staggered manner from April 22 to May 1.
Sales Snapshot (M-o-M) -
Motorcycle sales fell to 3,39,329 units from 524,608 units last month.
Scooter sales too declined to 32,956 units in April from 52,349 units in March.
Ashok Leyland Reports Total Sales Of 8,340 Units
Ashok Leyland Ltd. reported an overall sales of 8,340 units in April, according to the company’s exchange filings.
The automaker's sales halved over the last month as demand takes a hit amidst second wave of coronavirus. Year-on-Year, the sales are not comparable due to nationwide lockdown last year leading to zero sales.
Domestic sales fell sharply to 7,961 units from 15,761 units last month.
Domestic Medium and heavy commercial vehicle sales tanked 60% to 3,983 units from 9,901 units last month.
Domestic Light commercial vehicle sales too fell to 3,978 units in April from 5,860 units last month.
M&M Auto's April Sales Surge, Tractor's Falls
Mahindra & Mahindra Ltd.’s passenger vehicles business posted total sales of 18,285 units in April, the company said in a statement.
Passenger vehicle rose 9.5% over last month as demand for its utility vehicle further improves. Year-On-Year, the sales are not comparable because of lockdown due to covid last year.
Overall, the auto sales of M&M's automotive division sales fell 9.8% over last month to 36,437 units.
Commercial vehicle segment, including electric three wheelers, sold 16,147 units over in April.
"With the increase in lockdown restrictions in many parts of the country we foresee continuing supply chain related production challenges," Veejay Nakra, Chief Executive Officer, Automotive Division, M&M Ltd said in a statement, adding that while the demand remains good they expect impact in the first quarter due to low customer movement and dealership activity due to the lockdown restrictions.
The Farm Equipment segment on the other hand saw its sale fell 11% in April to 27,523 units, from the 30,970 units it sold last month.
Domestic tractor sales too fell by 12.3% to 26,130 units over last month, while exports rose nearly seven times to 1,393 units over last month.
"There have been disruptions in supply chain due to localized lock downs and availability of oxygen along with dealerships in few states getting closed impacting demand momentum," Hemant Sikka, President - Farm Equipment Sector, Mahindra & Mahindra Ltd. said in a statement, adding that the firm expects tractor demand to bounce back as farmers start preparing their land for Kharif crops in the ensuing weeks.