Indian Two Wheeler Sales Overview – Half Yearly sales for FY 2013-14 grow by 4%
The two wheeler sales for first half of FY 2013-14 stood at 7,016,971 units, posted 4% growth as compared against 7,016,971 units sold during HY1 FY 2012-13. The scooter sales grew by 17% in HY1 FY 2013-14 with 1,657,921 units sold against 1,422,047 units sold during HY1 FY 2012-13. Sales of Motorcycles records 1% growth for HY1 FY 2013-14 with 5,014,123 units sold against 4,970,616 units sold during HY1 FY 2012-13.
Brand-wise Overview
Among the manufacturers, Hero posted 1% growth in sales for HY1 FY 2013-14 with 2,911,107 units sold against 2,894,249 units sold in HY1 FY 2012-13. Honda continues their upward stride achieving 23% increase in sales with 1,590,586 units sold against 1,290,386 units sold in HY1 FY 2012-13. Bajaj sales declined at 12% for HY1 FY 2013-14 with 1,078,127 units against 1,220,365 units for HY1 FY 2012-13.
Market leaders Honda lost 2 points of market share in HY1 FY 2013-14 against HY1 FY 2012-13 now hold 41% in overall two wheeler market. Honda saw their share increased to 23% in HY1 FY 2013-14 from 19% in HY1 FY 2012-13. Bajaj auto saw their share reduce to 15% in HY1 FY 2013-14 from 18% in HY1 FY 2012-13.
Motorcycles
Hero posted 3% decline for HY1 FY 2013-14 sales of motorcycles at 2,577,218 units against 2,657,063 units sold in HY1 FY 2012-13. Bajaj Auto saw their sales decline 12% with 1,078,127 units against 1,220,365 units sold in HY1 FY 2012-13. Sales of Honda registered an impressive growth of 32% for first half of FY 2013-14 with 750,624 units against 567,288 units sold for HY1 FY 2012-14.
Royal Enfield sold 85,807 units during HY1 FY 2013-14, registering 54% increase in comparison with 55,645 units sold in HY1 FY 2012-13
The sales of Mahindra motorcycles stood at 42,326 units.
Segment leader Hero saw their share decreased to 51%. Bajaj auto also lost market share and has come down to 22% for HY1 FY 2013-14 from 25% in HY1 FY1 2012-13. Meanwhile Honda saw their share increase to 15%.
Scooters
Honda registers 16% in scooter sales for HY1 FY 2013-14 with 839,962 units against 723,098 units sold in HY1 FY 2012-13. Hero’s sales for HY1 FY 2013-14 stood at 333,889 units, increase by 41% against HY1 FY 2012-13 where 42,386 units were sold. Mahindra is suffering in this segment as their sales crumbled by 53%.
Honda’s market share remain locked up at 51% in HY1 FY 2013-14 while Hero improved their share to 20% in HY1 FY2013-14 from 17% in HY1 FY 2012-13.
Source – ACG, SIAM
Hero posted 3% decline for HY1 FY 2013-14 sales of motorcycles at 2,577,218 units against 2,657,063 units sold in HY1 FY 2012-13. Bajaj Auto saw their sales decline 12% with 1,078,127 units against 1,220,365 units sold in HY1 FY 2012-13. Sales of Honda registered an impressive growth of 32% for first half of FY 2013-14 with 750,624 units against 567,288 units sold for HY1 FY 2012-14.
Arun
Can you share the engine displacement size range and distribution for the various segments? and the distribution of these sizes (ie what engine sizes are most popular)?
Nice article for two wheeler industry