The first month of the new fiscal year has proved to be quite fruitful for most major two-wheeler companies.
Honda has made a flying start in the fiscal year 2018-19 with its domestic sales breaching the 6 lakh unit mark for the first time ever in April. This translates to a growth of 15 per cent YoY – from 5,51,732 units in April 2017 to 6,35,811 units last month.
Both Honda’s scooter and motorcycle clocked their highest ever sales in the start of FY 2018-19. In fact, Honda scooters sold over 4 lakh units last month, again a first for the company – sales went up from 3,68,550 units in April 2017 to 4,23,527 units in April 2018.
TVS Motor Company registered a YoY sales growth of 17.6 per cent, with sales increasing from 205,522 units in April 2017 to 241,604 units in April 2018. Scooter sales of the company also grew by 9.6 per cent from 81,443 units in April 2017 to 89,245 units in April 2018. TVS in December last year launched the NTorq ‘connected scooter’, which is reportedly doing well in the market. Motorcycles, on the other hand, went up by 31.8 per cent, which was facilitated by new launches in the Apache series – the TVS Apache RR 310 and RTR 160.
Bajaj clocked monthly domestic sales of 2,00,742 units last month, which accounts to a YoY growth of 24 per cent. In April 2017, Bajaj had sold 1,61,930 units. The company recently refreshed its Discover and Avenger series and has also introduced a more premium rear disc version of its best-selling Pulsar 150.
Suzuki Motorcycle India has also made a good start in the FY 2018-19. Carrying forward the momentum of the last fiscal year, Suzuki clocked 52,237 units in the domestic market – a YoY growth of 43.8 per cent over the 36,307 units sold in April 2017.
The company is also strengthening its superbike portfolio in India. Recently, Suzuki launched the GSX-S750 in India at Rs. 7.45 lakh, which is its second locally assembled superbike after the Hayabusa.
Royal Enfield posted strong sales of 74,627 motorcycles in the first month of financial year 2018-19, recording a growth of 27 per cent over the same period last year. To keep its lineup fresh, the company recently launched the snazzier Thunderbird X. Also, the much anticipated 650 twins are on their way to India very soon.