It has been a mind-blowing month for Bajaj Auto as the company managed to sell 2,00,949 units in June. In comparison, the Chakan-based bikemaker had only registered sales of just 1,08,109 – effectively recording a growth in domestic sales of 86 percent. The company has done equally well in the export maker too. Bajaj sent 1,36,803 units overseas in June this year in comparison to just 96,558 units in the same month last year. Keeping the domestic sales as well as exports in mind, Bajaj has managed an average growth rate of over 65 percent in June. And it isn’t just this month – the company has grown well in the first quarter of FY 2018-19. In comparison to April to June 2017 when the company could only sell 7,75,715 units, in the same duration this year, the company has registered 10,29,964 units.
Financial Year 2018-19 has been equally fruitful for Royal Enfield so far. The company has been able to record an overall growth of 22 percent – up from selling 1,83,998 units from April-June 2017 to 2,25,361 units in the same time this year. In June 2018, the Chennai based bikemaker could only sell 74,477 units up by 18 percent in the corresponding month last year. Export sales have been considerably higher for Royal Enfield this month. While the company only sold 1,489 units in June last year, they have now sold 1,889 units in the same months this year resulting in an overall growth of 27 percent.
It has been a reasonably fruitful month for TVS Motor as they could record an overall growth of 12.1 percent. In the domestic market, the company sold 2,46,176 units last month in comparison to 2,28,518 units in the same month last year. Exports on the other have grown exponentially – from 40,120 units in June 2017 to 55,025 units in June 2018. TVS Motors’ motorcycles have seen better growth last month in comparison to their scooters – 14.9 percent and 13.6 percent respectively. In the period from April to June 2018, TVS has managed to sell 8.93 lakh units. The company sold just 7.85 lakh units in the same period last month.
In June 2018, Suzuki Motorcycle India has registered domestic growth at a rate of 39 percent year-on-year. The company could push 46,717 units off the shop floor in comparison to 33,573 units in June 2017. While 39 percent growth in June 2018 is quite impressive, sales growth has been consistent all of this past quarter. The company claims a domestic market growth of 40 percent in the April to June 2018 period.