Auto Sales In June 2020: Honda Sold 210,879 Two-Wheelers, 1,398 Cars In The Month Gone By
Indian automakers are reporting their sales numbers for June today, amid supply-chain constraints due to the recent India-China border conflict and lingering effects of a lockdown.
Factory-gate shipments of passenger cars, two-wheelers and commercial vehicles fell in the range of 6%-79% year-on-year in June, data compiled from the reports of three brokerages—Nomura, Emkay Global and Motilal Oswal—showed. There, however, was a significant uptick compared to the previous month on improving rural demand and preference for personal vehicles amid the pandemic.
That improving rural sentiment is likely to reflect in tractor sales, which likely normalised to pre-pandemic levels in June, analysts said. Rural India also led the recovery in car and two-wheeler sales, as urban demand remained muted.
Here’s a look the auto sales in June 2020 (company data):
Sonalika Tractor Sales Rose 47.8% Year-On-Year To 15,200 Units
Sonalika Tractors on Thursday reported 47.8% increase in total tractor sales at 15,200 units in June. The company had sold 10,286 units in the same month last year.
- Domestic sales rose 55.1% to 13,691 units
- Exports rose 3.4% to 1,509 units
Commenting on the sales performance, Sonalika Group Executive Director Raman Mittal said the company's investment in the vertical integrated manufacturing unit helped it to ramp up production within a very short span of lockdown relaxation. "We had already reached 80% utilisation in the fourth week of May... in June we continued to operate at optimum level," he said.
Sonalika Tractors had "a series of new products that were launched during this period, which have helped the farmers immensely to increase their productivity, reflecting in volume gain for our tractors", he added.
Honda Two-Wheeler Sales Quadrupled Month-On-Month
Total sales of Honda Motorcyles & Scooters India Pvt. Ltd. nearly quadrupled over the previous month to 210,879 units in June. The company had sold 54,820 units in May.
The company exported 8,042 units in the month gone by.
As much as 95% of HMSI's dealerships resumed operations by the first week of June following Unlock 1.0, the company said in a release. With over 150% spike in our retails, June turned out to be the first confidence booster," Yadvinder Singh Guleria, director (sales and marketing) at HMSI, said in the statement.
Honda Cars India's Sales Fell 86.44% Year-On-Year To 1,398 Units In June
Sales of Honda Cars India Pvt. Ltd. fell 86.44% to 1,398 in June from 10,314 units in the year-ago period. Exports stood at 142 units last month.
"Amidst the Covid-19 crisis, June was significant for us as we resumed our production partially from mid of the month while exercising utmost caution and highest safety protocols in our plants," Rajesh Goel, senior vice president (sales and marketing) at Honda Cars India, said in a statement. The pace of deliveries is more than double of company's dispatches in June, he added.
The company was in the middle of transition to Bharat Stage-VI emission norms when the coronavirus lockdown was implemented. So, ever since production resumed, the company's priority was to roll out updated versions of Honda City, Honda WR-V, Honda Civic and Honda Jazz.
"Three of these models will be launched in the next two weeks, and accordingly we will progressively ramp up our volumes to cater to the market effectively," Goel said.
Royal Enfield Sales Fell 35% Year-On-Year To 38,065 Units In June
Total sales of Royal Enfield motorcyles fell 35% year-on-year to 38,065 units in June, parent Eicher Motors Ltd. said in an exchange filing late on Wednesday. The company had sold 58,339 units in the year-ago period.
The decline in sales was steeper for motorcycles with engine capacity exceeding 350 cc. Royal Enfield sold 52% fewer Himalayan, Interceptor and Continental GT models in the month gone by. In the up to 350 cc category, sales fell 32% 34,890 units.
Exports declined 52% year-on-year to 1,555 units.
The company plans to launch a new motorcycle every quarter for the next 3-4 years, ‘Car & Bike' reported on May 28, starting with the Royal Enfield Meteor in July this year.
Bajaj Auto Sales Fell 31% Year-On-Year To 278,097 Units
Total sales of Bajaj Auto Ltd. fell 31% year-on-year to 278,097 units in June, the Pune-based two-wheeler maker said in a statement on Thursday.
- Domestic sales down 34% to 1,51,189 units
- Exports down 28% to 1,26,908 units
- Two-wheeler sales down 27% to 2,55,122 units
- Commercial Vehicle sales down 57% to 22,975 units