Two-wheeler makers report double-digit decline in sales in A

Two-wheeler makers report double-digit decline in sales in April on MoM basis


May 03, 2021
Honda, Bajaj Auto post record export sales
Just like passenger vehicle manufacturers, major two-wheeler companies in the country, including Hero MotoCorp, Honda Scooter & Motorcycle India (HMSI), TVS Motor and Bajaj Auto have reported a decline in sales on a sequential basis in April.
While market leader Hero MotoCorp reported a decline of 37 per cent in its wholesales to 3,42,614 units in April as against 5,44,340 units in March, its competitor and scooter market leader HMSI also reported decline 39 per cent to 2,40,100 units in its domestic wholesales last month as compared with 3,95,037 units in March this year. With stricter lockdowns being announced across regions amidst the second wave of Covid-19, Honda prioritised the safety of all its stakeholders and pro-actively controlled its dispatches to avoid inventory build-up across its pan-India network, the company said.

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