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Indian Automobile Sales Report: November 2016 - Two & Three Wheelers

Indian Automobile Sales Report: November 2016 - Two & Three Wheelers

Aakash Agarwal1 min read
Quick Facts
What is "Indian Automobile Sales Report: November 2016 - Two & Three Wheelers" about?
What category is this article in?
Charts And Analysis
Who wrote this article?
Aakash Agarwal, Capitalmind's research team.
When was this article published?
Published 2 December 2016.
How long does this article take to read?
1 min read

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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