Two Wheeler Sales in September 2021 has become a nightmare for many major automakers, as everyone has seen a decline in sales on a YOY basis. While yearly sales are down by massive difference, the month-on-month growth has increased to double-digit numbers. Total sales in Sep 2021 stood at 14,70,011 units which are 17.45% down compared to 17,80,837 units in the same month last year.
Two Wheeler Sales Sep 2021 (Month-on-Month)
The Month on Month domestic total sales growth stands at 15.62% higher compared to August 2021. All major brands including Hero, Honda, TVS, Suzuki, Bajaj, RE collectively sold 14,70,011 units this month compared to 12,71,455 units in August. All brands except Suzuki and Royal Enfield have reported negative month-on-month growth in Sep-21.
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Two Wheeler Sales Sep 2021 (Year-on-Year)
Hero MotoCorp keeps on driving in the domestic market, with a total market share of 34.38% or 5,05,462 units were sold in September. Yearly sales of the market leader have declined by – 27.51% when compared with 6,97,293 units sold in September last year. Hero depends vigorously on its bikes to increase volumes. Among the essential benefactor’s Splendor and HF Deluxe, over 92% of the company’s sales were contributed by bikes.
At number two on the list is Honda with a total sales of 4,63,679 units in September. YoY development is somewhere around – 7.43% when compared with 5,00,887 units sold in September last year. A portion of the overall industry is at 31.54%. Not at all like Hero, Honda’s top-selling item is its Activa scooter, and CB Shine and Dio at next position.
TVS is the only brand on the list with positive growth on the year-on-year chart. TVS is at number three sold of 2,44,084 units in September. YoY development is up by 0.96% when compared with 2,41,762 units sold in September last year. Piece of the pie is at 16.60%. It is likewise the only company to enlist positive growth in both YoY and MoM terms in September.
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Next on the list is Bajaj with a total sales of 1,73,945 units in September. YoY development is somewhere around – 20.75% when compared with 2,19,500 units sold in September last year. A portion of the overall industry is at 11.83%.
Suzuki and Royal Enfield take the fifth and 6th spots. Their YoY and MoM development are both negative. With deals of 55,608 units in September, Suzuki’s YoY misfortune is at – 14.71%. Royal Enfield deals are at 27,233 units, which is YoY and MoM loss of – 51.54% and – 30.30%, respectively.
More Reads: Hero Bike Sales In Sep 2021