Two-wheeler Sales Report: February 2021

A new year and a new MY (Model year) is the reason for many to hold their purchase in the final quarter of each year. However, the second month of the year also sees some benefits of the same

While some manufacturers have steady sales figures with respect to the corresponding month. Manufacturers such as Hero Motocorp have managed to cross the 5 lakh sales figure. Surprisingly the demand for TVS scooter has grown up to 56 per cent in the month of February 2021.

Following is a detailed two-wheelers sales report for the month of February 2021.

Bajaj:

In 2021, Bajaj two-wheelers domestically sold 1,48,934 units in the month of February as opposed to 1,50,627 units in January. The manufacturer has seen a drop of 1693 units in the consecutive month. However, the YoY (Year On Year) sales figure, the domestic sales of Bajaj two-wheelers are up by One per cent with respect to 1,46,876 units sold in February 2020.

The YoY exports have also seen a rise of 12 per cent. 1,83,629 units have been exported in the month of February 2021 as opposed to 1,63,346 units shipped in the month of February 2020.

Bajaj’s commercial vehicles have also managed a cumulative (domestic, as well as exports) sales figure of 42,454 units in February 2021.

Royal Enfield:

Royal Enfield managed a domestic sale figure of 65,114 in February 2021, which is a 1.1 per cent increase when compared to its January 2021 sales that stood at 64,372 units. However, the YoY growth stands at a Six per cent hike from 61,188 units in February 2020.

Exports for Royal Enfield stood at 4,545 units which have been a substantial increase of 94 per cent as compared to 2,348 units exported in February 2020. Cumulatively, Royal Enfield has sold 69,659 units last month which is up by 10 per cent compared to 63,536 units in February 2020.

Hero Motocorp:

Hero Motocorp cumulatively sold 5,05,467 units in the month of February 2021. The sales figure comprises 4,84,433 units sold domestically while the exports stood at 21,034 units.

The domestic sales have seen a hike of eight per cent from 4,67,753 units in January 2021 whereas the YoY sales have seen a drop of Three per cent from 4,79,310 units in February 2020. The exports, on the other hand, have seen a growth of 16 per cent with respect to YoY data from February 2020.

Honda Two-wheelers:

Honda Two-wheelers India has seen a 31 per cent hike in sales figures in the month of February 2021. From 3,15,285 units in the month of February 2020, the YoY sales figure stands at 4,11,578 units for last month.

The exports have also seen a growth of 16 per cent and have clocked 31,118 units. The cumulative sales figure from both domestic sales and exports has hit the 4,42,696 units mark. This is a 29 per cent growth over the YoY cumulative sales figure which was at 3,42,021 units.

Suzuki Two-wheelers:

The Japanese motorcycle makers have seen a growth of 5.4 per cent in their cumulative sales - domestic and exports, which respect to YoY sales figure in February 2020. Suzuki Two-wheelers sold 71,662 units in February 2021 compared to 67,961

However, the domestic market saw a growth of only 1.5 per cent - from 58,644 units sold in February 2020 to 59,530 units last month.

Suzuki Two-wheelers also managed to export 12,132 units last month as compared to the 9,317 units exported in February 2020.

TVS:

TVS motor company managed to clock a sales figure of 1,95,145 units domestically while the exports stood at 89,436 units. The cumulative growth stands at 2,84,581 units which is a growth of 21 per cent. The domestic two-wheeler sales comprise 1,37,259 units of motorcycles and 95,525 units of scooters. The motorcycle demand rose to 16 per with respect to YoY sales figure from 1,18,514 units in February 2020. Whereas, the demand for scooters has risen up to 56 per cent from 60,633 units in February 2020.

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