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Tuesday, April 11, 2017

India's Two Wheeler Sales in 2016-17 stood at at 1,75,89,511 units against 1,64,55,851 in the previous fiscal

Total two-wheeler sales during the year stood at 1,75,89,511 units against 1,64,55,851 in the previous fiscal, up 6.89 per cent.
Motorcycle sales
Motorcycles sales in 2016-17 were at 1,10,94,543 units compared with 1,07,00,406 in the previous fiscal, up 3.68 per cent.
Market leader Hero MotoCorp sold 56,93,681 units during the year compared with 56,03,136 in the previous fiscal, up 1.62 per cent. Rival Bajaj Auto posted sales of 20,01,391 units against 18,98,957 in 2015-16, up 5.39 per cent.
Honda Motorcycle and Scooter India (HMSI) had bike sales of 15,36,055 units last fiscal against 14,94,153 units in 2015-16, a growth of 2.8 per cent.
Scooter sales
Scooter sales in 2016-17 were at 56,04,601 units in comparison to 50,31,678 in the previous fiscal, up 11.39 per cent.
Segment leader HMSI posted 31,89,012 units during the year as against 27,89,537 in 2015-16, up 14.32 per cent.
Chennai-based TVS Motor Co posted a growth of 6.81 per cent in its domestic scooter sales at 8,26,291 units against 7,73,597 units sold in the previous fiscal, becoming the number two player in the category.
Hero MotoCorp dropped to third position with its scooter sales last fiscal at 7,89,974 units compared with 8,18,777 units in 2015-16, down 3.51 per cent.
SIAM said that during 2016-17, commercial vehicle sales grew 4.16 per cent to 7,14,232 units from 6,85,704 a year earlier.
Three-wheeler sales for the year were at 5,11,658 units compared with 5,38,208, down 4.93 per cent.
Vehicle sales across all categories were at 2,18,62,128 against 2,04,68,971 units in the previous fiscal, up 6.81 per cent, SIAM said.
For March, SIAM said domestic car sales went up 8.17 per cent to 1,90,065 units from 1,75,709 in the year-ago month.
Motorcycles sales last month were at 9,15,199 units as against 9,46,754 a year earlier, down 3.33 per cent.
Total two-wheeler sales in March grew marginally to 14,71,576 units, from 14,67,710 in the year-ago month.

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