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Suzuki Two-Wheeler Sales Grow Amidst Auto Industry Slowdown In India
car&bike Team
Sep 2, 2019, 11:08 PM
Suzuki Motorcycle India Private Limited posts minor positive gains in August 2019 sales amidst a growing slowdown in the Indian auto industry.
1 Min
  • Two-Wheeler Sales August 2019: Royal Enfield Registers 24 Per Cent Drop
    Sameer Contractor | Sep 2, 2019
    Two-Wheeler Sales August 2019: Royal Enfield Registers 24 Per Cent Drop
    Chennai-based motorcycle maker Royal Enfield reported a decline of 24 per cent in monthly sales for August 2019. The manufacturer sold 52,904 units last month, as against 69,377 units in August last year. RE's volumes have been on a consistent decline, having fallen below 50,000 units in July this year, for the first time in three years. While sales have improved month-on-month, the volumes are still alarmingly low for the company. With respect to year-to-date sales, parent company Eicher Motors reported a sale of 290,798 units between April-August 2019, a 20 per cent dip in volumes over 363,801 units dispatched during the same period last year.
    1 min read
  • Auto Sales Downturn In August 2019 Worrisome: SIAM President
    Sameer Contractor | Sep 2, 2019
    Auto Sales Downturn In August 2019 Worrisome: SIAM President
    The auto industry continues to face the heat of the economic slowdown that has affected the sector for nearly ten months. The sales reports of August 2019 saw a major drop in volumes with major players including Maruti Suzuki, Tata Motors and Hyundai reporting a drop of 34.4 per cent, 58 per cent and 16.58 per cent respectively. The top six manufacturers dispatched a total of 171,193 vehicles to dealerships in August this year, registering a 34 per cent drop in volumes, when compared to the 259,925 vehicles that were dispatched in August last year. Meanwhile, top two-wheeler makers Hero and Bajaj have registered a plunge of 20 per cent and 13 per cent respectively in sales. The manufacturing figures and the piling inventories are alarming and has been described as worrisome by SIAM President, Rajan Wadhera.
    1 min read
  • Two-Wheeler Sales August 2019: Hero MotoCorp Registers 20.6 Per Cent Decline
    Sameer Contractor | Sep 2, 2019
    Two-Wheeler Sales August 2019: Hero MotoCorp Registers 20.6 Per Cent Decline
    India's largest two-wheeler manufacturer Hero MotoCorp reported a decline of 20.6 per cent in sales for August 2019. The company sold 543,406 units last month, as against 685,047 units sold in August last year. While the company registered a 1.5 per cent increase in volumes over July this year (535,810 units), the lower year-on-year sales are a result of the economic slowdown that is giving the auto industry a hard time. While sales have been restricted, Hero has commenced a number of after-sales and service initiatives to keep customers happy.
    1 min read
  • Car Sales August 2019: Hyundai Motor India Records 16.58 Per Cent De-Growth In Domestic Sales
    Shubham Parashar | Dec 14, 2023
    Car Sales August 2019: Hyundai Motor India Records 16.58 Per Cent De-Growth In Domestic Sales
    The decline turns out to be even most deterrent for the Korean carmaker which managed with just 3.8 per cent drop last month (July 2019) riding on the success of its latest compact SUV- the Hyundai Venue.
    2 mins read
  • Car Sales August 2019: Tata Motors Registers 58 Per Cent Drop In Passenger Vehicle Volumes
    Sameer Contractor | Sep 2, 2019
    Car Sales August 2019: Tata Motors Registers 58 Per Cent Drop In Passenger Vehicle Volumes
    The slowdown in the auto sector is gravely affecting manufacturers and Tata Motors is the latest OEM to announce a massive decline in volumes. The company registered a drop of 58 per cent in domestic passenger vehicle sales for August 2019 with 7316 units as opposed to 18,420 units sold in August last year. The company's total sales (domestic + exports) for last month stood at 32,343 units, a decline of 48 per cent in volumes over 62,688 units sold during the same month last year. Tata Motors has reported its lowest sales in nearly two decades.
    1 min read
  • Car Sales August 2019: Toyota Sales Dip 24 Per Cent Amidst Slowdown
    Sameer Contractor | Sep 2, 2019
    Car Sales August 2019: Toyota Sales Dip 24 Per Cent Amidst Slowdown
    Toyota Kirloskar Motor registered a sale of 10,701 units in August 2019, witnessing a decline of 24 per cent in domestic sales, as opposed to 14,100 units sold in August 2019. The automaker continues to register the dip in volumes amidst the overall slowdown in the Indian auto sector that has affected both car and two-wheeler makers. The company's exports, however, nearly doubled last month with the company shipping 843 units, as against 481 units in August 2018. Toyota's total sales (domestic + export) for the previous month stood at 11,544 units, witnessing a drop of 14,581 units over the same period last year.
    1 min read
  • Car Sales August 2019: Mahindra Sales Drop By 26%
    Sameer Contractor | Sep 1, 2019
    Car Sales August 2019: Mahindra Sales Drop By 26%
    Mahindra & Mahindra announced its auto sales performance for August 2019 and the company's domestic sales stood at 33,564 units, a drop of 26 per cent over 45,373 units sold in August last year. The automaker continues to be affected by the overall slowdown in the auto sector and the Indian economy. The company's passenger vehicle (UV + cars) sales for August 2019 stood at 13,507 units, declining by 32 per cent, when compared to the 19,578 units that were sold during the same month in 2018. UV sales dropped by 27 per cent with 13,037 units sold, as against 17,892 units sold August 2018. In the cars+vans segment that includes electric cars from Mahindra, the company registered a 75 per cent decline in volumes with 470 units sold as opposed to 1866 units in August last year.
    1 min read
  • Car Sales August 2019: Maruti Suzuki Registers 34% Decline; Hatchback Segment Most Affected
    Sameer Contractor | Sep 1, 2019
    Car Sales August 2019: Maruti Suzuki Registers 34% Decline; Hatchback Segment Most Affected
    The auto sector continues its negative trajectory for the ninth month now and automakers have shown no signs of growth as volumes have nosedive across different segments. India's largest automaker Maruti Suzuki continues to be one of the worst affected by the slowdown as sales for the month of August 2019 continued to show a decline in volumes. The company registered a 34.4 per cent decline in domestic sales in August this year with 97,061 units sold as opposed to 147,700 units sold in August 2018. The automaker has registered the massive drop in volumes for the third consecutive month with its bread and butter segment - hatchbacks - taking the largest hit.
    2 mins read