Two-wheeler sales : In the first phase of Corona, the sale of vehicles was badly affected. In the second round also, there was a decline in the sales of vehicles, but now it is slowly showing momentum. There is a recovery in the sales of the two-wheeler industry after the lockdown and easing of restrictions. Most of the big companies are seeing an increase in sales. However, this increase is due to the base effect as there was a huge decline in the sales of two-wheelers in the first round of Corona i.e. June 2020.
According to the June sales data of Royal Enfield, TVS Motor Company, Honda Motorcycle, Hero MotoCorp, Scooter India and Bajaj Auto, there is a recovery in sales. Royal Enfield sales have grown by 13 per cent in June 2021 as compared to June 2020, while TVS Motors has registered a growth of 25 per cent. There has been a 22 percent increase in the sales of Bajaj Auto in June 2021 as compared to June 2020.
Royal Enfield sales
The sales of Royal Enfield have increased twice as compared to the previous month. It sold 27,294 units in May but 43,048 units were sold in June. In May it exported 7,221 units but in June 7,233 units were exported. According to TVS Motors, its sales increased to 2,38,092 units in June. TVS sold 1,46,874 units in June 2021. Whereas in June 2020, 84,401 units of the TVS motorcycle were sold. In June 2021, the sales of the company’s scooters were lower than in June 2020. 65,666 scooters were sold in June 2020 but in June 2021 its sales came down to 54,595 units.
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Huge growth in sales of Honda Motors, Hero MotoCorp and Bajaj Auto
Honda Two-wheelers India sold 2,34,029 units in June 2021. In the last year (June, 2020), it sold 2,10,879 units. In this way, an increase of 11 percent was registered in it. Bajaj Auto’s June sales grew by 22 percent compared to the same period last year. In June last year, Bajaj Auto sold 2,55,122 units but in June this year (2021), it increased to 3,10,578 units. Hero MotoCorp. (Hero Moto corp) sold 4,69,160 units in May 2021. While 1,83,044 units were sold in May. In this way it has doubled. Royal Enfield sales grew by 13 percent in June 2021 as compared to June 2020, while TVS Motors registered a growth of 25 percent. There has been a 22 percent increase in the sales of Bajaj Auto in June 2021 as compared to June 2020.
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