Sales of Two Wheelers and Three Wheelers stood at 14.08 lakh units in November, 2016 against 14.96 lakh units during the same time last year resulting in a contraction of 5.85%.
YTD sales stood at 139.85 lakh units against 126.94 lakh resulting resulting in a growth of 10.2%.
Only Royal Enfield and Yamaha India posted positive growth while both Bajaj and Hero MotoCorp witnessed a double digit contraction. Here is the summary of sales for November, 2016.
Bajaj Auto Sales Contracts At 12.8%, Domestic Sales Of Commercial Vehicles Down 25%
Hero MotoCorp Sales Contracts At 12.9%, Lowest Sales In 20 Months
Honda Motorcycles & Scooters Report Flat Sales, Gains 1% Market Share
Royal Enfield Sales Growth At 40.6%, Exports Witness A Major Boost At 1,470 Units
TVS Motors Reports Flat Sales, Exports Contracts 2.4%
Yamaha reported sales of 51,106 units in November, 2016 against 42,719 units in November, 2015.
YTD sales stood at 5.14 lakh units against 3.98 lakh units.
Roy Kurian, Vice President, Sales & Marketing, Yamaha Motor India Sales said,
The continuous growth numbers are a sign of Yamaha’s robust business plan and strategic customer engagement programs. The company is en route to achieve 1 million in 2017 through exciting products and by expanding its 3S network.
The rise of trend-conscious customers will continue to rev the market with excitement. This month, Yamaha achieved a decent sales volume in spite of the restrained growth in business activities due to decreased liquidity. It is more visible in semi-urban and rural areas particularly.
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