March Auto Sales Live: Hero MotoCorp's Sales Surge, Bajaj Auto's Falls Over February
Suzuki Motorcycles Sales Falls 2.4% Over February
Suzuki Motorcycles, the two-wheeler subsidiary of Suzuki Motor Corporation, Japan reported a fall of 2.4% in overall sales to 69,942 units in March over last month. The two-wheeler maker had sold a total of 71,662 units last month.
Year-on-Year, the sales rose 72% on a low base last year.
Bajaj Auto Sells 3.69 Lakh Units In March
Two-wheeler maker, Bajaj Auto Ltd sold a total of 3,69,448 units in March, that's a fall of 1.5% over last month's sale of 3,75,017 units. Year-on-Year, the sales rose 52% on a low base due to covid disruption and BS6 transition last year.
Sales snapshot (Y-o-Y)
Total domestic sales nearly doubled to 1,81,393 units in March.
Total exports rose 32% to 1,48,740 units in March.
Total commercial vehicle sales rose 24% to 39,315 units in March.
Honda Motorcycle's Sales Fall 7% Over February
India's second largest two-wheeler maker, Honda Motorcycle and scooter India ltd, saw its total sales rose by 57% to 411,037 units in March, up from 261,699 units a year ago on a low base due to BS6 transition and Covid disruption. Month-on-Month, the total two-wheeler sales however fell 7%.
HMSI's domestic sales rose to 395,037 units from 245,716 units last year.
TVS Motor Company sells 3.2 Lakh Units In March
TVS Motor Company reported a 8.3% increase in total sales to 322,683 units in March, over last month.
The Chennai-based two and three-wheeler maker had sold a total of 297,747 units in February. Year-on-Year, sales rose 123% on a low base due to Covid-19 disruption and BS6 transition last year.
Other Highlights (Y-o-Y)
The total two-wheeler sales during the month stood at 307,437 units as against 133,988 units last year.
The domestic two-wheeler sales stood at 202,155 units last month, compared to 34,131 units sold during the same period last year, as per the filings made by the company.
Total exports stood at to 119,422 units in March, up from 50,197 units last year.
Motorcycles sales jumped to 157,294 units in March from 66,673 units last year.
Scooter sales rose nearly three times to 104,513 units in March
Three-wheeler sale rose 42% to 15,246 units in March, as against 10,751 units last year.
Hero MotoCorp Sells 5.77 Lakh Units In March
India's largest two-wheeler manufacturer, Hero MotoCorp Ltd. sold 576,957 units in March, the company said in an exchange filing.
Hero MotoCorp's sales rose 72% over the year earlier on a low base due to covid disruption and BS6 transition last year. Month-on-Month sales however rose 14% from 505,467 units in February.
"While the coronavirus pandemic continues to impact the global auto industry, we are witnessing strong preference for the wide range of motorcycles and scooters – including the premium motorcycles Xpulse and Hunk 160R - across markets, especially in Latin America.” Sanjay Bhan, Head – Global Business, Hero MotoCorp said in a statement.
Sales Snapshot (Y-o-Y) -
Motorcycle sales rose to 524,608 units from 305,932 units last year.
Scooter sales nearly doubled to 52349 units in March.